Home India Ministry of Petroleum and Natural Gas Government of India hereby notifies the following Corrigendu...
Date: 2018-08-13 Category: Extra Ordinary State: Union Government Country: India

Government of India hereby notifies the following Corrigendum to the notification published in the Gazette of India

Issued by Ministry of Petroleum and Natural Gas · Not Applicable

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Executive Summary & Key Takeaways

This document is a corrigendum issued by the Ministry of Petroleum and Natural Gas, Government of India, dated August 8, 2018. It pertains to the notification O310181492016ONG.III, dated April 5, 2018, regarding the extension of the Discovered Small Field (DSF) Policy. The DSF policy aims to accelerate the monetization of unmonetized small fields and discoveries of ONGC/OIL under the nomination regime, as well as relinquished discoveries under the PSC Regime. This corrigendum specifically announces the deletion of the "Block CB-OS/1, Gulf A discovery" mentioned at S. No. 1 of Annexure at Page No. 8 under the heading "PSC Regime Discoveries Identified for DSF Policy Bid Round II". The Joint Secretary, Diwakar Nath Misra, is listed as the contact person. The document reference is F. No. O310181492016ONGIII. The notification was published in the Gazette of India as G.S.R. 768(E), No. 564, New Delhi, Monday, August 13, 2018/Shravana 22, 1940.

Key Entities Referenced

Ministry of Petroleum and Natural Gas: The ministry responsible for the notification and policy related to petroleum and natural gas. New Delhi: The location where the notification was issued. Gazette of India: The official government publication in which the notification was published. Discovered Small Field (DSF) Policy: A government policy aimed at fast-track monetization of unmonetized small fields/discoveries. ONGC: Oil and Natural Gas Corporation, an Indian multinational oil and gas company. OIL: Oil India Limited, a state-owned oil and gas company. PSC Regime: Production Sharing Contract Regime, a framework for exploration and production of oil and gas. Block CBOS1: A specific oil and gas block mentioned in the notification, related to the DSF Policy.
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