OIL keen on petroleum mining lease in Jaisalmer, Bikaner
OIL & GAS

OIL keen on petroleum mining lease in Jaisalmer, Bikaner

Under the Discovered Small Field policy, Oil India (OIL) is interested in acquiring a petroleum mining lease (PML) in an area of 67 sq km in Jaisalmer and Bikaner. A proposal has been submitted to the state government in this regard, and action will be taken soon. OIL produces heavy oil and natural gas in the state at Tanot Dandewala and Baghewala, and is exploring PML for five more locations. The state has four petroliferous basins covering an area of 150,000 sq km. Agarwal stated that OIL and ONGC are producing petroleum and natural gas — they hold 11 PMLs — and that the exploration work is being done by Vedanta, ONGC, and OIL under the exploration licence.

Also read:
Import of thermal coal to stop by 2025
NSSCDCL forecloses Shapoorji Pallonji’s contract of Smart City

Under the Discovered Small Field policy, Oil India (OIL) is interested in acquiring a petroleum mining lease (PML) in an area of 67 sq km in Jaisalmer and Bikaner. A proposal has been submitted to the state government in this regard, and action will be taken soon. OIL produces heavy oil and natural gas in the state at Tanot Dandewala and Baghewala, and is exploring PML for five more locations. The state has four petroliferous basins covering an area of 150,000 sq km. Agarwal stated that OIL and ONGC are producing petroleum and natural gas — they hold 11 PMLs — and that the exploration work is being done by Vedanta, ONGC, and OIL under the exploration licence.Also read:Import of thermal coal to stop by 2025NSSCDCL forecloses Shapoorji Pallonji’s contract of Smart City

Next Story
Real Estate

Transforming Real Estate with Sustainable Choices

The times are changing for the construction industry. Once associated with high carbon emissions, energy consumption, and waste, they are now waking up to the environmental cost of traditional practices. Companies are now looking to be a part of the solution instead of the problem. Using recycled materials in building projects is one of the most accessible yet significant changes. This one change has the potential to lower project costs, energy consumption, and landfill usage. Giving Old Materials a New PurposeRecycled building materials aren’t just scraps from old sites. These material..

Next Story
Real Estate

UP Housing Board Finalises 40-Acre Development Plan in Vasundhara

The Uttar Pradesh Housing and Development Board (UPHDB) has finalised a 40-acre development plan in sectors seven and eight of Vasundhara, Ghaziabad, under a mixed land use model. The layout includes a 10-acre satellite centre for the All India Institute of Medical Sciences (AIIMS) and two major plots of 20 and 10 acres for group housing and commercial use. According to officials, the project falls under the Transit-Oriented Development (TOD) zone of the Regional Rapid Transit System (RRTS) corridor, with the Sahibabad Namo Bharat station located nearby. The auction process for the plots is e..

Next Story
Infrastructure Urban

Marubeni To Invest Rs 10 Billion in Telangana’s Future City Industrial Park

Japanese conglomerate Marubeni Corporation has signed a Letter of Intent with the Telangana government to develop a next-generation industrial park in the state’s upcoming Future City. The announcement was made during the official visit of the Telangana Rising delegation, led by Chief Minister A Revanth Reddy, to Japan. Marubeni has proposed an initial investment of Rs 10 billion to develop the industrial park in phases over 600 acres. The park will cater to Japanese and other multinational firms seeking to establish manufacturing operations in Hyderabad. The proposed development is expect..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?