India grants drilling moratorium of three years to all deepwater block Production Sharing Contracts
By Frontier India | July 8th, 2010 | Category: International, Latest | No Comments »India today approved the grant of drilling moratorium of three years to all deepwater block Production Sharing Contracts (PSCs) signed under various rounds of exploration till the NELP- V rounds where drilling commitments are pending as on 1st January, 2009. It is hoped that it may lead to new discoveries of oil & gas. To [...]
