Ministry of Petroleum and Natural Gas has signed contracts for 7 blocks, awarded under Open Acreage Licensing Programme (OALP) Bid Round - IV. The Government had launched OALP Bid Round - IV on 27th August 2019. The Bid Round-IV offered 7 blocks under International Competitive Bidding (ICB) process. The bidding round closed on 31st October, 2019.
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