Press Releases
Press Release
[New Delhi, 31tst march, 2006]
GAIL consortium awarded E&P Block in Oman
A consortium consisting of GAIL, Oilex Australia, Videocon, HPCL and BPCL has been awarded Block No. 56 in Oman for exploration and production of hydrocarbons. GAIL, Oilex and Videocon have 25% share participating interest each in the consortium. Oilex Australia are the operators.
This is an onshore block located in the South Oman salt basin area, and covers an area of 5,809 square Kilometres