Sunday, June 26, 2022
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DSF bid round III: 75 discoveries on offer; bidding opens on Feb 1, says DGH

The government has put up a total of 75 small and marginal oil and gas discoveries up for international competitive bidding under bid round III of DSF policy

Govt puts 8 oil & gas blocks on the shelf for OALP bid round VII

The Central government has launched the bid round VII of Open Acreage Licensing Policy (OALP) with a total of eight oil and gas blocks on offer

To raise India’s oil & gas production, govt looks to private sector for investment, competition

To increase India’s domestic oil and natural gas production, the government is seeking private investment and more competition for state-run behemoths like ONGC, OIL

Environmental clearance (EC) for DSF fields will be transferred to new owners: DGH

The DGH has told potential bidders for DSF round-3 that the environmental clearance (EC) for these fields will be transferred from the original contractor/operator to the new one

DGH overhauls PSC for NELP/Pre-NELP blocks, reduces paperwork

The Directorate General of Hydrocarbons (DGH) has limited the number of statutory approvals required for oil and gas blocks under NELP and pre-NELP regime

Oil & gas companies told to raise production; 50 BCM gas & 40 MT crude oil by FY24

The DGH has set a production target of 50 BCM of gas and 40 MT of crude oil by FY24 for oil and gas companies

Dharmendra Pradhan launches DSF round 3; 74 discoveries on offer

Dharmendra Pradhan has launched the bid round 3 under Discovered Small Fields (DSF) regime for international competitive bidding

Govt to launch DSF round 3 for discovered oil & gas fields on June 10

The government is set to launch the Round 3 bidding for Discovered Small Fields (DSF) on June 10

Govt to launch DSF round 3 for discovered oil & gas fields on May 18

After a lag of over two years, the government is now set to launch the third bidding round for Discovered Small Fields (DSF) on May 18, according to the DGH

ONGC clarifies: Govt’s restructuring plan not intended to limit our role in oil & gas sector

ONGC has said that the discussion on restructuring has been going on since April 2019 and is neither new nor intended to limit ‘intended to limit role or growth of ONGC’

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