Hydrocarbons sector: Next bidding round for discovered small fields in Oct

This will happen simultaneously with the Open Acreage Licensing rounds

Giving a major boost to new entrants in the hydrocarbons sector, the Ministry of Petroleum and Natural Gas is set to launch the second round of bidding for discovered small and marginal fields (DSF) in October. This will happen simultaneously with the Open Acreage Licensing (OAL) rounds. 

The OAL policy was officially launched on Wednesday by Petroleum Minister Dharmendra Pradhan. “We are planning to come up with DSF II, in order to attract more fresh players and start-ups to the sector, as big companies may not be keen on small blocks and their focus would be on OAL. This will be