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OALP IX

Oil India wins big in OALP IX, adds 85% more acreage and enters new frontiers

Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, has achieved a breakthrough by securing 9 exploration blocks in the latest round of the Open Acreage Licensing Policy (OALP Round IX). With this win, OIL has expanded its total exploration footprint by more than 85%, growing from 60,000 square kilometres to 110,000 square kilometres.

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