Discovered Small Fields Bid Round II – INDIA : Contracts signed for 23 contract areas

Government of India signed the contracts of the blocks awarded under the Discovered Small Fields (DSF) BidRound II with the awardees on 7th March 2019.

Salient features of DSF Bid Round II are hereunder:

• Launch of DSF Bid Round II on 9th August 2018

• Bid submission process completed on 30th January 2019

• 145 e-bids received from 40 companies (individually or member of consortium) for 24 contract areas out of 25contract areas on offer, Nil bid for 1 contract area & sole bid for 1 contract area

•23 contract areas have been awarded to 14 companies (individually or member of consortium)

• Out of these 14 companies, 8 companies are new entrants in the upstream Oil & Gas Industry

• Evaluation of 1 contract area has been kept in abeyance as the matter is sub-judice

Please find details in Discovered Small Fields Bid Rounds Portal

One Comment

  1. Rashid Khan
    Mar 19, 2019 at 8:00 pm

    Great information

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