India To Launch 10th Round for Oil, Gas Blocks

India is set to launch its tenth bidding round for oil and gas blocks in August or September, the Directorate General of Hydrocarbons (DGH) has said. The latest round will include 25 blocks across 13 sedimentary basins, which are essential for exploration and production activities. The areas on offer range from land blocks covering 16,871 square kilometers, to shallow water blocks and even ultra-deepwater blocks extending over 12,373 square kilometers. The move aims to attract significant investment and boost domestic oil and gas production. In…