The Open Acreage Licensing Programme (OALP) Bid Round-VII for International Competitive Bidding has been announced by the central government. Bids can be filed using a specialised online e-bidding portal until 12 a.m. on February 15, 2022, for those who are interested.
Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas tweeted, “In a significant step towards boosting India’s domestic oil & gas production, the biggest oil & gas tender in the history of the industry launched for 75 oil & gas blocks launched by @DghIndia. Covers DSFs, across 32 contract areas both onshore & offshore.”
