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ONGC corners all blocks on offer in Open Acreage Bid round IV

Oil and Natural Gas Corporation Limited (ONGC) has bagged all the blocks on offer in the Open Acreage Bid round IV. ONGC had bid for all the seven blocks on offer while Oil India Limited (OIL) had bid for just one block.

There were five blocks from Madhya Pradesh and one block each from Rajasthan and West Bengal on offer. The block in Rajasthan is the only one to get more than one bid in this round. Read More

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