Deep water strongest lure in Indian round

Blocks on offer under India's nelp [328,603 bytes] Deepwater blocks off India have attracted the strongest interest from foreign companies responding to that country's newly burnished exploration acreage offering. Overall, India's New Licensing and Exploration Policy (NELP) has received a moderate response so far, with seven major oil companies buying data, according to sources at the Directorate General of Hydrocarbons (DGH), the government agency that regulates the upstream sector. Those companies were not identified. Of the 48 blocks on offer under the NELP, it is the 12 deepwater blocks that have evoked the greatest response, with five ...

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