MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS
( SHRI R.P.N.SINGH)
(a) & b) Under the Production Sharing Contract (PSC) regime, so far two
exploration blocks have been awarded to foreign companies in the State of
Maharashtra under bidding rounds of New Exploration Licensing Policy (NELP).
Both these blocks are currently in the stage of exploration.
(c). Under the New Exploration Licensing Policy (NELP), exploration blocks
are awarded through International Competitive Bidding with equal terms and
conditions for Private/Foreign and National Oil Companies (NOCs). Some of
the important features of the terms offered in the ninth round of NELP
(NELP-IX) are given in Annexure-I.
(d). During the last three years (2009-10 to 2011-12), under NELP -VIII and
NELP- IX rounds of bidding, PSCs have been signed by 7 (seven) foreign companies
in 12 exploration blocks as under:
Sr No Name of the Foreign Company No of PSCs signed Operator Non-operator
1 Cairn Energy India Limited - 2
2 BG Exploration and Production - 1 India Ltd
3 BHP Billiton - 3
4 bengal Energy Intenational Inc. - 1
5 Deep Energy LLC - 3
6 - East Weat 1 Petroleum Corporation
7 - Birkbeck 1 Investments Ltd Total Blocks Signed 12