With grant option

SQL> conn venu/venu

venu> select * from scott.dept;

                ORA-00942 : table or view does not exist

venu> conn scott/tiger

scott> grant select on dept to venu with grant option;

scott> conn venu/venu

venu> select * from scott.dept;

venu> grant select on scott.dept to venu1;

venu> conn venu1/venu1

venu1> select * from scott.dept;

venu1>conn scott/tiger

scott> revoke select on dept from venu;

scott> conn venu/venu

venu> select * from scott.dept;

                ORA-00942 : table or view does not exist.

venu> conn venu1/venu1

venu1> select * from scott.dept;

                ORA-00942 : table or view does not exist.