The Latest Breaking News from DGH

Govt extends OALP-X, XI bid deadline again to Nov 15

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.…

The Economic Times · Sep 10

Vedanta Oil & Gas shares fall over 3% after firm discloses two legal matters involving ONGC, GoI

Vedanta Oil & Gas share slipped on Wednesday after the company disclosed two legal matters involving the Directorate General of Hydrocarbons and ONGC. While DGH has sought about $35 million plus interest over OALP blocks, ONGC is pursuing enforcement of a $37 million arbitral award before the Delhi High Court.

The Economic Times · Jul 22

India offers 26 oil, gas blocks in mega offshore round

Out of the 26 blocks, 15 areas are in ultra-deepwater, eight in shallow sea, and three blocks are on land

The Hindu · Oct 11, 2022