GVK Power & Infrastructure, exploring the oil and gas sector through its New Exploration Licensing Policy (NELP)-VII, plans to outline a road map for its oil and gas projects. The company will frame its plan by joining hands with the Australia based oil and gas exploration major BHP-Billiton. Under NELP-VII, the consortium has already acquired 34,000 km area for its offshore fields on the west coast of the country. Of the seven blocks attained, one is located in the Kerala-Konkan region and the rest of the six deepwater blocks are in Mumbai.
World Oil, Gas, Offshore News
World Oil, Gas, Offshore News