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.
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