Friday, November 1, 2019

Oil block bid round under revamped rules almost flops, gets 8 bids for 7 blocks

The Directorate General of Hydrocarbons said state-owned Oil and Natural Gas Corporation bid for all the seven blocks while Oil India put in an offer for one block at the close of bidding on Thursday. The block in Rajasthan saw competition from ONGC and OIL but the five in Madhya Pradesh and one in West Bengal saw single bids from ONGC, DGH said.

from Energy-Industry-Economic Times https://ift.tt/2BYGIEC

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