The government has offered eight oil and gas blocks in the latest bidding round for exploration licenses.
This is the seventh bidding round under the new exploration licensing policy launched in 2016. Five of the blocks offered in this round are on land, two in shallow water and one in ultra-deep water.
The bids can be submitted through an e-bidding portal until February 15, 2022, the oil ministry said in a statement. These blocks are likely to awarded to winners by the end of March.
