DSF-III round: Bidding for 75 small and marginal oil and gas discoveries to start on February 1, says DGH

Bidding for 75 small and marginal oil and gas discoveries, mostly of ONGC NSE 0.56 %, that are being offered in the DSF-III bid round, will begin on February 1, 2022, the DGH said on Monday. The third bidding round under the Discovered Small Fields policy, DSF-III, was launched on June 10, 2021. The original deadline for submission of bids was August 31, 2021. However, this was postponed to October 29. It was again put off without giving reasons.

“Bid submission for DSF Bid Round-III will start on February 1, 2022, and end on March 15, 2022,” the Directorate General of Hydrocarbons (DGH) said.