Oil, gas block auction deadline extended for fourth time - News Summed Up

Oil, gas block auction deadline extended for fourth time


The Government has extended the deadline for submitting bids for India's largest oil and gas acreage offering for a fourth time, granting potential investors an additional three months, the Directorate General of Hydrocarbons said. "Bid submission closing date for OALP Bid Round X (has been) extended till May 29, 2026," DGH said on its website. Under OALP-X, 25 blocks with a total area of about 191,986 square kilometres have been offered to bidders for finding and producing oil and gas. The last bid round, OALP-IX, was the largest before the current bid round. The OALP-IX bid round featured 28 blocks or areas spread over 1.36 lakh sq km were offered for finding and producing oil and gas.


Source: The Hindu February 06, 2026 08:15 UTC



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