Four oil companies walk out, give up 7-times RIL's KG area

ENI of Italy joins other global majors like BHP Billiton, Santos and BP in giving up nearly 57,000 sq km of oil/gas blocks in areas from Mumbai offshore to the KG Basin. In terms of size, this is close to 50 times the KG-D6 fields that Reliance Industries currently holds and seven times the initial area RIL had in the KG Basin.

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