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Oil & gas block auctions
December 24 , 2021
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- The Ministry of Petroleum and Natural Gas has launched the seventh bid round under the Open Acreage Licensing Programme (OALP).
- These include five on land blocks, two shallow-water blocks, and one ultra-deep-water block.
- Since 2016, five rounds of OALP have been concluded for 105 Exploration and Production (E&P) blocks.
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