Exploration & Production

India approves second round of Discovered Small Fields policy

India has approved the second round of the Discovered Small Fields policy, paving the way for 60 small oilfields to be put up for auction.
By Staff reporter 14 February 2018 0 29587

India’s government has approved the second round of the Discovered Small Fields policy, paving the way for 60 small oilfields to be put up for auction, according to Mining Weekly.

The first round held for small discovered fields in 2016 saw 30 contracts awarded for 43 blocks.