Reach us: 7304553123 / mktg@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

Final recommendations ready for awarding oil, gas blocks under NELP VII

Tuesday, 05 Aug 2008
Share this on :

The Directorate General of Hydrocarbons (DGH) is ready with its final recommendations for awarding 45 of the 57 oil and gas exploration blocks offered by the government under the seventh round of the New Exploration and Licensing Policy (NELP VII).

The consortium of Reliance Industries and British Petroleum has been recommended for award of one deepwater in the Krishna Godavari basin, KG-DWN-2005/2. The consortium of BHP Bilton Petroleum International Exploration and GVK Oil & Gas has been recommended for award of seven deepwater blocks.

Of the remaining blocks, the consortium of ONGC and GSPC have been awarded two deepwater blocks and one block each has been recommended for being awarded to Cairn Energy and the ONGC-OIL duo respectively. Of the 19 deepwater blocks on offer, 15 companies submitted bids for 12 blocks. There were no takers for the remaining seven deepwater blocks on offer under NELP VII.

For shallow water blocks, seven bids were received, against 9 blocks offered. Of the seven blocks, the consortium of ONGC and GSPC has been recommended for award of three blocks while the consortium of HPCL-Mittal Energy with ONGC, Adani Welspun Exploration, Essar E&P and Nobel Energy and the consortium of HPCL-Mittal with ONGC and GSPC have been awarded one block each.

In the onland blocks category, bids were received for 26 of the 29 blocks on offer. ONGC and its consortia partners have been recommended for award of eight blocks, GeGlobal Resources has got two, HPCL-Mittal consortium with OIL and HOEC has got one.

Other successful candidates include Deep Eergy , HOEC-BRPL-JSPL combine, Quest Petroleum-QuippoOil-SREI-Valdel-Primera consortium, GAIL-GSPC-Bengal Energy, Interlink Petroleum, Indian Oil Corporation, Omkar Natural Resources and Vasundhara Resources.

One change which has been recommended by the DGH, against its earlier provisional result, is that the onland block RJ-ONN-2005/1 has now been awarded to the consortium of HOEC-BRPL-IMC-JSPC, against earlier recommendation (at the time of bid opening) to ONGC-GSPC consortium.

New Password
Confirm Password