Government extends deepsea oil and gas block bid deadline to Dec. 10
In short
The government has pushed the deadline for bids on deepsea oil and gas blocks to December 10, 2026. This is the seventh extension for OALP-X and the third for OALP-XI.
It matters because the repeated delays show it is still hard to attract investors to India’s offshore oil and gas exploration plans.
What the reporting says
The government has extended the bidding deadline for deepsea oil and gas exploration blocks under its 10th and 11th Open Acreage Licensing Policy rounds to December 10, 2026. The latest extension is the seventh for OALP-X and the third for OALP-XI, according to the Business Standard summary. The delay signals continued difficulty in drawing investment into India’s offshore exploration market despite policy and fiscal changes.
Why it matters
India has extended the bid deadline for deepsea oil and gas exploration blocks under its 10th and 11th Open Acreage Licensing Policy rounds until December 10, 2026. The extension, the seventh for OALP-X and third for OALP-XI, affects prospective investors interested in deepwater and ultra-deepwater acreage. The move underscores ongoing challenges in attracting investment to offshore exploration despite policy and fiscal measures aimed at improving interest.