The government will auction unmonetised large oil and gas fields of state-owned ONGC and OIL to boost the country's hydrocarbon production, Petroleum Minister Dharmendra Pradhan said on Thursday.
India Business News: The government will auction unmonetised large oil and gas fields of state-owned ONGC and OIL to boost the country's hydrocarbon production, Petroleum
Read more about Third round of discovered small field auctions begins on Business Standard. Production from DSF-1 Elao field in Cambay basin expected to being in a weeks
Speaking on the launch of the third round of auction of small discovered fields, he said companies cannot indefinitely sit on resources they may have discovered.
All three senior officials are executive directors in charge of drilling, safety and executive exploration, respectively. They have been suspended to conduct a fair and free investigation issued by the Ministry of Petroleum and Natural Gas.