Standardization of procedures and processes under Production Sharing Contract of Pre-NELP/NELP Blocks

Ministry of Petroleum & Natural Gas Government of lndia vide circular dated 28.10.2021 has provided for Further simplification and standardization of procedures and processes under Production Sharing Contract in Pre-New Exploration Licensing policy(Pre-NeELP)/New Exploration Licensing policy (NELP) Blocks for providing participating interest for contractors. The ministry has notified that timeline for submissions against the Production sharing contract (psC) processes in both online and offline mode is further extended till 30.11.2021. The submissions include application for extension of exploration period.