India posts second round exploration blocks

01/01/2001
Click here to enlarge imageIndia launched its second oil and gas licensing round in mid-December, putting up 25 land and offshore blocks in 13 basins.Eight blocks are in deep water off the west coast, eight are in shallow water, and nine are on land. The deepwater blocks are in 400 m of water or more. Bids are due by Mar. 31, 2001.Data rooms were to be opened in Delhi, London, and Houston. Petroleum and Natural Gas Minister Ram Naik said presentations will be made in Delhi Jan. 9, London Jan. 18, Houston Jan. 22, Tokyo Feb. 5, and Singapore Feb. 8.The ministry retained IHS Energy Group to maintain a website and as an advisor for the round, to be conducted under the New Exploration Licen...
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