Oalp

ONGC, OIL big winners of OALP-VII bid; govt offers 10 block in OALP-VIII

State-owned ONGC, OIL and GAIL walked away with most of the eight blocks offered for exploration and production of oil and gas in the OALP 7th bid round even as the government launched the next round

ONGC wins 18 out of 21 oil, gas blocks in OALP-VI bid round, OIL gets 2

Sun Petrochemicals bid for three blocks, where it is locked in competition with ONGC

Oil ministry launches seventh round for oil & gas block auctions

Award of these blocks is likely to be completed by the end of March 2022

ONGC, ExxonMobil tie up for oil exploration in India; plan to bid for OALP

On Monday, ExxonMobil had signed a pact with Indian Oil Corporation to expand its liquefied natural gas business initiatives in India

Govt offers seven oil and natural gas blocks for bidding under OALP-IV

In all, 18,509.69 square kilometre of area for exploration of oil and gas has been offered in the fourth bid round of Open Acreage Licensing Policy

Govt may award contracts for first OALP oil and gas field auction in July

The blocks are expected to see cumulative peak production of 15,000 barrels and two million standard cubic metres a day of gas

Only 13 areas under second open acreage auction get expressions of interest

ONGC has submitted interests for 7 areas, while the other companies likely include Mukesh Ambani-led RIL and Bharat PetroResources

9 cos in fray for 55 blocks under first OALP auction; Vedanta bids for all

RIL and global giants BP, ExxonMobil, Chevron, ConocoPhillips stay away; govt receives 110 bids in all

India kicks off bidding for 55 oil and gas exploration blocks

According to petroleum ministry, after the ninth round of NELP in 2010, a total of 117 companies are operating in India, of which 48 are foreign companies