India's Biggest Oil Block Bid Attracts Global Majors: ONGC, Petrobras, BP, Reliance Join Forces for Exploration Round
ByAinvest
Sunday, Jul 6, 2025 12:42 pm ET1min read
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ONGC, BP, Reliance, and Petrobras are in talks to jointly bid for India's largest-ever hydrocarbon exploration bidding round, offering 191,986.21 square kilometers under the Open Acreage Licensing Policy (OALP) Round X. ONGC is expected to show interest in all 25 blocks on offer, with partners brought on board for exploration in deep and ultra-deep acreages.
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