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EXPLORATION ACREAGES
India extends bidding deadline for deepwater oil and gas blocks for sixth timeIndia has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to Septemb...- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
- Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...
- Bidding deadline for oil, gas blocks extended to June 19The government has also extended the deadline for the eleventh round under the Open Acreage Licensing Policy (OALP), launched in March. he ...
- ‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
- India aims to attract USD 100 bn in investment, expand exploration acreage: Srikant Nagulapalli DGHIndia is targeting significant growth in its energy sector. The nation plans to attract USD 100 billion in investments by 2030. Exploration...
- Oil India Limited to start exploration in NagalandOil India Limited (OIL) is planning to conduct a 3D seismic survey of 4,000 sq km of land in Upper Assam, while exploration in Nagaland is ...
- Oilfield exploration bidding deadline extended to Dec 30The government had launched the eighth round under the Open Acreage Licensing Policy on July 7 and is hoping to attract more bidders by str...
- ONGC offers JV in exploration blocks to ExxonMobilExxon is likely to take a view after studying geological data, and a deal may take some time. ONGC is expected to offer a significant minor...
- Domestic oil and gas producers should function like holding companies: Dharmendra PradhanDeeper involvement of information technology, digitalisation and the internet has transformed the oil and gas sector, improving everything ...
- Government to reach out to foreign players for oil explorationMove to help avoid concentration of acreage in hands of only a few companies.
- 23 blocks on offer in third round of bidding for Open Acreage Licensing PolicyPetroleum & natural gas minister Dharmendra Pradhan opened the auction at Petrotech, a three-day industry conference in Greater Noida.
- Area under hydrocarbon exploration expected to double by 2020, says DGHThe first licensing round under the new Open Acreage Licensing Policy expanded exploration acreage to 150,000 sq km last year from 90,000 s...
- Oil India bets big on shale assets, to raise US outputIndia’s second-largest state-run energy explorer Oil India is now betting big on its prospects in the shale oil and gas arena.
- Acreage retention a major attraction in Nelp-IX auctionThis round has 34 blocks (15 offshore and 19 onshore) on offer, of which there are 19 new blocks and 15 blocks from relinquished and old ac...
- Shale gas exploration acreages to be available from next yearThe Directorate General of Hydrocarbon (DGH) today said that shale gas exploration acreages in the country will be available from next year.
- No tax break for new gas findsFinmin rejects Oilmin’s proposal to extend 7-year holiday in coming bidding.
- Block auction to make way for open bids soon: DeoraThe government is moving away from auctioning a large number of blocks periodically to an Open Acreage Licensing Policy, or OALP, which wil...
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