Interviews
7th round of NELP-VII inaugurated in Mumbai
09 Jan '08
4 min read
Ernst and Young, a reputed international financial consultancy firm also made a presentation to highlight the investment climate and their perception about investment opportunities available in India.
Confederation of Indian Industry (CII) also made a presentation on its perception about India’s business climate and investment opportunities.
A large number of E & P Companies, oil & gas field service providers, Financial Institutions and other organisations participated in the Mumbai Road Show.
Some of the main E & P Companies, which participated in the Road Shows were BG, UK, Cairn Energy, UK, Premier Oil, UK, Hardy, U.K., Niko, Canada, Reliance Industries Limited, HOEC, Essar Oil Limited and National Oil Companies ONGC, OIL, GAIL, IOC, HPCL, among others including Gujarat state owned company, GSPC.
In order to provide access to information such as salient technical data on the blocks on offer, the bid documents and highlights of NELP-VII, a special web site has been created. This website can also be accessed from the Ministry’s official.
To facilitate data viewing by Exploration and Production companies, the Government of India would also be opening data centres at Noida, Houston London, Calgary and Perth.
The data for NELP-VII can be viewed by companies at any of these centres as well as online through website and thereafter interested companies may purchase data.
The bid closing date for NELP-VII is 11th April, 2008. It is expected that NELP-VII would attract a very good response from E&P companies and prospective investors and they would avail of the attractive investment opportunities being offered through NELP-VII.
Government is committed to complete evaluation, award and signing of Production Sharing Contracts in a strict time frame and the whole process would be completed in a transparent manner as demonstrated in past rounds of NELP.
Confederation of Indian Industry (CII) also made a presentation on its perception about India’s business climate and investment opportunities.
A large number of E & P Companies, oil & gas field service providers, Financial Institutions and other organisations participated in the Mumbai Road Show.
Some of the main E & P Companies, which participated in the Road Shows were BG, UK, Cairn Energy, UK, Premier Oil, UK, Hardy, U.K., Niko, Canada, Reliance Industries Limited, HOEC, Essar Oil Limited and National Oil Companies ONGC, OIL, GAIL, IOC, HPCL, among others including Gujarat state owned company, GSPC.
In order to provide access to information such as salient technical data on the blocks on offer, the bid documents and highlights of NELP-VII, a special web site has been created. This website can also be accessed from the Ministry’s official.
To facilitate data viewing by Exploration and Production companies, the Government of India would also be opening data centres at Noida, Houston London, Calgary and Perth.
The data for NELP-VII can be viewed by companies at any of these centres as well as online through website and thereafter interested companies may purchase data.
The bid closing date for NELP-VII is 11th April, 2008. It is expected that NELP-VII would attract a very good response from E&P companies and prospective investors and they would avail of the attractive investment opportunities being offered through NELP-VII.
Government is committed to complete evaluation, award and signing of Production Sharing Contracts in a strict time frame and the whole process would be completed in a transparent manner as demonstrated in past rounds of NELP.
Press Information Bureau Government of India
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