Tuesday, August 9, 2022
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DSF Round 3

OALP round 6 to be launched next month; tender for CBM to be out soon

The bid round-6 of Open Acreage Licensing Policy (OALP) is going to be launched next month, said Additional Petroleum Secretary (Exploration) Amar Nath

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

Dharmendra Pradhan tells ONGC, OIL: Monetise discoveries or the govt will auction them

Dharmendra Pradhan has told ONGC and OIL to either monetise discoveries at the earliest through JVs with domain experts or the govt will take them away and auction them

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

Govt will auction ONGC, OIL’s major unmonetised fields, bring in private players: Pradhan

Dharmendra Pradhan has said that there will be no DSF auction next time because the government has plans to auction ‘major’ idle, unmonetised fields of ONGC, OIL

Govt will bring taxation reliefs to make oil & gas production more viable: Petroleum Secretary

Petroleum Secretary has said that the government is working on addressing taxation concerns and will do everything necessary to make domestic production of oil and gas viable

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

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