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OALP BLOCKS
India extends bidding deadline for deepwater oil and gas blocks for sixth timeIndia has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to Septemb...- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
- Vedanta shares in focus after subsidiary secures 7 new OALP blocksVedanta shares: In a regulatory filing on April 15, Vedanta announced that its subsidiary, Cairn Oil & Gas, emerged as the largest private ...
- India opens biggest oil, gas block bid round; 25 blocks on offerIndia has launched its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers, mainly offshore. This move a...
- 10th oil, gas block bidding round in 2025 on liberalised terms: Oil Ministry officialIndia plans to offer previously restricted 'no-go' areas for oil and gas exploration in the tenth round of bidding in early 2025. This foll...
- Assam government signs Petroleum Exploration Licenses deeds for 2 OALP blocks with Oil India LtdAssam government has signed Petroleum Exploration Licenses deeds for two OALP blocks with Oil India Ltd. Oil will invest around 12 Crore in...
- ONGC wins 18 out of 21 oil, gas blocks in OALP-VI bid round, OIL gets 2Oil India Ltd (OIL) walked away with two blocks and Sun Petrochemicals Pvt Ltd got one block, the Directorate General of Hydrocarbons said ...
- USD 75 million investment so far in four OALP bid rounds, according to DGHIn a bid to expedite oil and gas exploration and raise domestic production, the government had in 2018 launched the first bid round under t...
- ONGC wins 7 oil blocks, OIL 4 in latest bid roundThe government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing ...
- 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...
- 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...
- 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...
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