India’s government has extended bid deadlines for offshore oil and gas exploration blocks. Companies now have until November 15, 2026, to submit their bids. This extension applies to deepwater and ultra-deepwater acreage under OALP-X and OALP-XI. The move is reportedly linked to the new Samudra Manthan National Offshore Exploration Scheme. This scheme aims to boost domestic hydrocarbon reserves and reduce import reliance.
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