Govt extends deepsea oil, gas block bidding deadline again to December 10
The government has extended the deadline for submitting bids for deepsea oil and gas exploration blocks under its 10th and 11th Open Acreage Licensing Policy (OALP) rounds by…
Attributed summary
The government has extended the deadline for submitting bids for deepsea oil and gas exploration blocks under its 10th and 11th Open Acreage Licensing Policy (OALP) rounds by almost a month, giving prospective investors until December 10, 2026, to submit offers for deepwater and ultra-deepwater acreage. The latest extension marks the seventh postponement for OALP-X and the third for OALP-XI, underscoring the challenges of attracting investment into India's technically complex…
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