Pre-cum-Mains GS Foundation Program for UPSC 2026 | Starting from 5th Dec. 2024 Click Here for more information
- Ministry of Petroleum of Natural Gas (MoPNG) announced Discovered Small Field (DSF) Bid Round 2016 on 25thMay 2016, offering 46 contract areas across 9 sedimentary basins, for development.
- The technical bid documents were opened on 21stNovember at DGH’s Noida office in the presence of the all the bidders.
- The evaluation of the bids would be undertaken in a time bound manner and it is expected that the contract areas would be awarded expeditiously.
- The Government endeavors to award the contract areas at the earliest, so as to expedite the monetization of the hydrocarbon production from these fields.
- The DSF bid encouraged an insight into the investment appetite of the sector.
Discover more from Free UPSC IAS Preparation For Aspirants
Subscribe to get the latest posts sent to your email.
