Hindustan Oil Exploration Company Ltd

🏛️ Government Approves HOEC's Mumbai Offshore Contract Area Under DSF Round IV

- Government approved award of MB/OSDSF/MUMBAI OFFSHORE/2025 to HOEC (DSF Bid Round-IV)

- Award subject to execution of Revenue Sharing Contract (RSC)

- Contract Area in Mumbai Offshore basin: fields C-23-9, C-39-14, BH-68, WO-5-11, B-174-1

- Strengthens HOEC's Western Offshore presence (B80 field, B15 development planned)

- HOEC to evaluate discovered hydrocarbons for accelerated, capital-efficient development

- Focus on integration, infrastructure sharing, and synergies with existing portfolio