1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

India plans to hive off operational oilfields to private E&Ps

By:  
Creamer Media Correspondent
 
OIL & GAS
The Indian government will hive off 15 discovered and operational oil and gas fields currently held by national oil companies to private exploration and production (E&P) companies through competitive bidding. The upstream oil and gas sector regulator, the Directorate General for Hydro-Carbons (DGH), has already prepared a paper outlining rules and norms for such transfers, which will aim to enhance production levels from already producing oil and gas fields.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register