OIDBOil Industry Development Board (India)
OIDBOPTEC Instrumentation Data Base
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References in periodicals archive ?
The decision will reduce OIDB outgo and cover fields in Gujarat, Assam, Arunachal Pradesh, Assam and Gujarat.
At present, state governments get royalty based on the Oilfields (Regulation and Development) Act, 1948 and Petroleum and Natural Gas Rules, 1959 and the differential royalty (difference between the royalty rates as per PSC and the notified rate of royalty on crude oil production) is paid by OIDB. "The standing committee on petroleum and natural gas, while examining the functioning of OIDB, recommended that differential royalty to the concerned state government may be made through budgetary allocation, in order to ensure proper utilization of OIDB funds," a statement said.
OPD bore no resemblance to the old OIDB office and Mr.