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Oil and gas fields News

25 May 2016

Modi government offers auction for 46 oil and gas fields through international bidding

Oil Minister Dharmendra Pradhan said bidding for the Discovered Small Fields Bid Round will open on July 15 and last date of bidding is October 31.

oil and gas fields

10 Mar 2016

Govt approves licence extension for 28 oil and gas fields

The Cabinet on approved extending licences of 28 small- and medium-sized oil and gas fields, but there was no decision on Cairn India's prolific Rajasthan oil block.

Dharmendra Pradhan

21 Sep 2015

Bids for 69 marginal oil and gas fields to begin by Dec: Pradhan

Petroleum and Natural Gas Minister Dharmendra Pradhan Monday said the government will open the bids for 69 marginal oil and gas fields from late November or early December and expressed confidence of getting good response from across the globe.

Government auction

02 Sep 2015

Govt to auction 69 oil and gas fields of ONGC, OIL worth Rs 70,000 crore

The fields hold 89 million tonne of oil and gas resources which are worth Rs 70,000 crore at current prices.

21 Apr 2015

India to auction 69 marginal fields owned by ONGC, Oil India: Official

"Marginal field policy will have approval soon for 69 fields which ONGC and Oil India have agreed to give. We hope to put them for bidding," Saurabh Chandra told reporters in New Delhi.

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