QAT Vs NEP | Match 3 Jul 23, 2019
QAT 124/6 (19.2)
Latest News on Oil Blocks
Showing of 0 - 10 from 5 results
Oil Blocks - Total results - 5
Jan 07, 2019
Govt to launch delayed second round of oil block auction today in a bid to raise domestic outputUnder this policy called open acreage licensing policy or OALP, companies are allowed to put in an expression of interest (EoI) for prospecting of oil and gas in any area that is presently not under any production or exploration licence.
Dec 17, 2018
Cairn India to pay $0.1 million if it fails to meet exploration commitment in oil blockCairn India, which is now part of Vedanta Ltd, had earlier this year won 41 blocks of the 55 areas auctioned in the first bid round under the Open Acreage Licensing Policy (OALP)
Aug 07, 2018
Anil Agarwal-led Vedanta set to bag 40 oil blocks in country's maiden open acreage auctionIncreased exploration would lead to more oil and gas production, helping the government to cut import dependence.
Jun 04, 2013
Govt to auction oil, gas blocks this fiscal: MoilyWhile Moily did not indicate the number of blocks to be offered, official said as many as 68 blocks or areas for exploration of oil and gas may be auctioned.
Oct 15, 2012
RIL-BP JV give up 9 of 21 oil clocks on poor prospectsUK's BP has relinquished or surrendered nine out of the 21 oil and gas blocks where it has bought 30 percent stake from Reliance Industries for $7.2 billion, due to poor hydrocarbon prospects.