The DGH has opened bids related to the 1st bidding round of Open Acreage Licensing (OAL1) upon the application deadline yesterday. Sign of the times, 110 e-bids were submitted by 9 companies (individually or as a group) for 55 blocks (92 bids for 46 onshore blocks, 18 for 9 offshore blocks). Awards are expected in June.Â Â Â Â Â Â Â Â Â Â    As could be expected, ONGC and Cairn India were the highest bidders, Cairn India even bidding for all 55 blocks on offer. The extensive list of applications in available through GEPS.
India, not found