DGH firms up London roadshow dates

Vol 19, PW 26 (08 Sep 16) News in Brief

UK-based oil and gas companies can soon take a break from complaining about the weather and the implications of Brexit and instead attend the DGH's London roadshow to promote the Discovered Small Fields bidding round.

"Dates for the London roadshow are finally confirmed - September 12 and 13," says a DGH source. The event will take place at the five-star Montcalm Hotel at Marble Arch.

On September 12, oil minister Dharmendra Pradhan will inaugurate the dataroom, and deliver a keynote address after which KPMG, the DGH and ONGC will make presentations. On the second day, there will be a roundtable, one-on-one meetings with investors and bidders and another roundtable with the UK's leading financial institutions.

All this will follow on after the Singapore roadshow scheduled for September 9th and 10th at the Hotel Shangri-La. But there is no sign of the Bengaluru roadshow.

"Hopefully the DGH will hold it before bids are due on October 31," says an industry source. On offer are 67 marginal fields across 46 contract areas.