Don’t miss the latest developments in business and finance.

$600 mn investment seen in oil exploration round

Image
Reuters New Delhi
Last Updated : Jan 20 2013 | 3:11 AM IST

The country's upstream regulator hopes to get an investment of $600 million in the ninth exploration licensing round, its Director General SK Srivastava said on Wednesday.

State-run companies have won operating rights for almost half of the 16 blocks awarded under the country's ninth exploration licensing round, a government statement said, with foreign firms yet again hardly in evidence.

Also Read

First Published: Mar 28 2012 | 12:46 PM IST

Next Story