Oil Block

Only 3 bidders for 21 oil, gas blocks
Oil & Gas

Only 3 bidders for 21 oil, gas blocks

India’s latest bid round for 21 oil and gas blocks attracted just three bidders, two of whom were state-owned explorers…
OVL, partners relinquish Israeli oil block
Oil & Gas

OVL, partners relinquish Israeli oil block

ONGC Videsh Ltd (OVL)-led Indian consortium has relinquished the offshore oil block due to very poor hydrocarbon prospectivity.
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