Tag Archives: Open Acreage Licensing Policy (OALP)

Government will Offer Incentives to Companies Interested on Developing Oil and Gas Blocks

The government is expected to offer incentives to companies that propose to develop oil and gas blocks of their choice leading to a government monitored auction, according to Open Acreage Licensing Policy (OALP) draft.

New Licensing Policy Announced by India to Boost Oil Output

India today reported an open acreage permitting approach for oil and gas investigation, permitting bidders to cut out zones where they need to bore as the vitality hungry nation takes a gander at more prominent remote speculation to lift yield.