Government extends timeline for submitting bids for OALP Round-VIII
The Ministry of Petroleum and Natural Gas (MoP&NG), has extended the deadline for submitting bids for the Open Acreage Licensing Programme (OALP) Bid Round-VIII. This round offers 10 blocks for international competitive bidding.
The bids can be submitted through a dedicated online e-bidding portal till 12:00 hours, by July 5, the ministry said in a notification on Monday. The award of the OALP Round-VIII blocks will add an additional 34,364.53 square km of acreage to the exploration portfolio, bringing the total acreage under the OALP to 242,055 square km.
