New Delhi, May 25
The Oil Ministry today announced the commencement of the Discovered Small Fields Bid Round-2016. Petroleum Minister Dharmendra Pradhan launched the new bidding round. The technical information portal and e-bidding portal were also launched.
Discovered small fields are oil and gas blocks which have so far remained commercially undeveloped, but are now in focus as the government seeks to boost domestic hydrocarbon production. TNS
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