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OALP 8
OALP 8: ONGC wins seven, Reliance-BP, Sun Petro & Oil India win one block eachIndia had offered 10 blocks for bidding of which ONGC won seven, Oil India, Sun Petrochemicals, and a consortium of Reliance Industries Ltd...- India offers 26 blocks for producing oil, gas in mega offshore bid round"Government announces the offer of 26 blocks covering an area of approximately 2.23 lakh square kilometers for exploration and development ...
- India offers 8 oil, gas blocks for bidding in latest roundIndia has offered 8 oil and gas blocks, mostly in Assam, for bidding in the latest bid round with a view to bringing more area under explor...
- Govt extends oil block bid deadline to June 30So far, the government has awarded 94 blocks in four OALP bid rounds in the last two-and-a-half years. These 94 blocks cover an exploratory...
- Govt extends oil block bid deadline to June 10The government has extended the last date of bidding for the 11 oil and gas blocks on offer in the fifth exploration bid round to June 10 i...
- Oil, gas bid deadline extended; bid rounds mergedThe fifth bid round under Open Acreage Licensing Policy (OALP) opened in January and was to initially close on March 18. However, the bid d...
- Last date for bidding for oil, gas blocks pushed back a month to April 16The 5th bid round under Open Acreage Licensing Policy (OALP) opened in January and was to close on March 18. "Bid closing date for the Indi...
- Govt increases oil, gas bidding round to three times a yearIndia in July 2017, allowed companies to carve out blocks of their choice with a view to bring about 2.8 million sq km of unexplored area i...
- India's overhauled oil policy unlikely to be a game-changer: Wood MackenzieIn the overhauled policy, more importance has been given to work programmes rather than revenue shared with the government.
- OIL signs contract for 12 oil blocks; Vedanta 10, ONGC 8It had won a total of 53 oil and gas blocks under the government's open acreage licensing policy (OALP) and Discovered Small Field (DSF) ro...
- ONGC, Vedanta set to win 9 oil, gas blocks each; Reliance-BP one, OIL 12As per the bid evaluation, ONGC and Vedanta Ltd are top bidders in nine blocks each and state-owned Oil India Ltd (OIL) in 12 areas.
- Reliance-BP makes 1st bid for oil block; Vedanta bids for 30, ONGC 20India had in July 2017 allowed companies to carve out blocks of their choice with a view to bringing about 2.8 million sq km of unexplored ...
- Government defers oil block bid deadline by a month to May 15The government had in January offered 14 blocks in OALP-II bid round and a month later offered another 23 oil and gas blocks and coal-bed m...
- Govt defers bid deadline for OALP-II by a month to April 10Bids for the 14 blocks offered in OALP-II bid round, covering an area of 29,333 square kilometres, were to close Tuesday.
- India offers 23 oil blocks in OALP-III bid roundIn OALP-III, 23 blocks in 12 sedimentary basins are being offered. Of these, five are coal-bed methane (CBM) blocks. Total area on offer is...
- Government to launch delayed second round of oil block auction on MondayIndia had in July 2017 allowed companies to carve out blocks of their choice with a view to bringing about 2.8 million sq km of unexplored ...
- Cairn India to pay $0.1 million if it fails to meet exploration commitment in oil blockThe government had in July last year allowed companies to carve out blocks of their choice, with a view to bringing around 2.8 million sq k...
- Government signs OALP-1 contracts with Vedanta, ONGCThe 55 blocks hold an estimated Rs 1.45 lakh crore worth of hydrocarbon resources.
- Last date for bidding of 55 oil and gas blocks extendedBidding in the auction of 55 exploration blocks on offer for prospecting of oil and as under the OALP was to originally close on April 3.
- Oil firms may soon get rights to choose exploration blocksAfter eight rounds of auction, India is moving towards Open Acreage Licensing Policy (OALP), where oil firms can choose the blocks they wan...
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