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OILFIELD AUCTION
Govt extends bid deadline for small oil blocksThe government has extended the bid submission deadline for the discovered small fields round. This is the fourth such auction. The new dea...- India offers a special auction of discovered small oil and gas fieldsThe Indian government is offering three small oil and gas fields in an auction closing on July 15. The Directorate General of Hydrocarbons ...
- Government extends deadline for bid submission in eighth round of oilfield auctions to July 5The government has extended the deadline for bid submission in the eighth round of oilfield auctions to July 5, according to a notification...
- 13 pvt cos bid to operate ONGC's 64 fieldsA total of 13 private companies, including Oilmax Energy and Deep Industries, have placed bids for the operatorship of ONGC’s 64 small prod...
- Private players stay away from the latest oilfield auctionONGC has submitted bids for seven blocks and Oil India for one in the fourth round of the Open Acreage Licensing Programme (OALP), where bi...
- Oil India bags 12 exploration licenses in latest oilfield auctionONGC won 9 of the 20 bids it had placed. Vedanta won third of the 30 bids it made, the highest number of bids by any participant in these t...
- Vedanta, ONGC, 37 others put in 145 bids in oilfield auctionBritish company Soco International made its foray into India, bidding for one field while little known Arch Softwares put in bids for 15 fi...
- Oilfield auction deadline deferred for second time: DGHThe second round of Discovered Small Fields (DSF) auction opened in August, and December 18 was the original deadline for submission of bid...
- First round of oilfield auctions to end by March; award of blocks by JuneGovt has received 57 expressions of interest (EoIs) for the first round of auctions; DGH is on course to launch auction & award blocks.
- Successful bidders at small petroleum field auction sign government contractsIndia announced winners of the first round of the DSF bid. Of the total 31 contracts to develop oilfields, 24 have gone to newcomers.
- Government to launch second round of small oilfield auctionLast month, India announced winners of the first round of the DSF bid, where successful bidders mostly included newcomers.
- Exxon Mobil, BP, RIL likely to skip oilfield auctionBids for the auction closes at 1200 hours on November 21 and may see only companies like the state-owned ONGC and Oil India, Gujarat govern...
- Modi government may turn matchmaker to help bidders unite for oilfield saleGovt may play matchmaker between capital providers, tech firms and oilfield services firms to bid for 67 small discovered fields.
- Dharmendra Pradhan, Oil Ministry to pitch small oilfields to global investorsThe government will showcase its small, discovered oilfields to global investors at a global energy conference in Houston next week, seekin...
- Government to showcase small oilfields to global investorsThe government will showcase its small, discovered oilfields to global investors at a global energy conference in Houston next week.
- Oilfield auction plan a potential game changer for oil & gas sector: Narendra Taneja, Energy Expert"We need more competition in exploration and production. We need fresh ideas. We need more aggressive players, big players like Cairn Energ...
- Oil price collapse could thwart success of govt's oilfield monetisation bid: Mythili Bhusnurmath"Looking at the way oil prices have collapsed globally, I doubt there is going to be very much interest from overseas bidders in these oil ...
- Government weighs revenue sharing model for basins to attract global companiesThe oil ministry was in favour of dumping the current contractual regime, which became controversial because of stern audit notes.
- ONGC Videsh Ltd pulls out of Brazalian oilfield auctionOVL was among the 11 companies shortlisted to bid for Brazil's Libra pre-salt block, one of the world's largest offshore oil discoveries.
- Iraq boasts third-largest oil reserves, overtakes IranIraq reported on Monday a sharp rise in proven oil reserves that saw it leapfrog Iran into third place worldwide, as the war-battered count...
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