Preparatory work for handover of small fields done
Apr 28: ONGC is doing all the preparatory work needed to hand over its small and marginal fields to new bidders 8They are seeking extension of validity periods for PEL/PMLs which are valid for less than 5 years and extension of PEL/PMLs areas to cover adjoining open acreages offered under the new policy. 8Accordingly, ONGC applied for PML grant for 43 fields (under 33 clusters) 8Oil India Ltd (OIL) too has initiated the process of handing over the fields 8Find out more on what OIL and ONGC are doing to help smoothen the transition process. Click on Reports for more