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India's Vedanta Wins 41 Blocks in Small Field Auction

August 28, 2018

© Sergiy Serdyuk / Adobe Stock
© Sergiy Serdyuk / Adobe Stock

India's Vedanta Wins 41 Blocks in Small Field Auction

* Billionaire Anil Agarwal-led Vedanta Ltd has won 41 of the 55 blocks auctioned under India's first licensing round for small discovered fields-India's upstream regulator

* State-run Oil India has won nine blocks- upstream regulator

* India's top explorer Oil and Natural Gas Corp was awarded 2 blocks

* Hindustan Oil Exploration Co, and GAIL (India) Ltd and Bharat Petro Resources Ltd, the upstream unit of state refiner Bharat Petroleum Corp, have won one block each

* Directorate General of Hydrocarbons published the list of awards on Tuesday

Reporting by Nidhi Verma

Categories: Shale Oil & Gas


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