Oil India has won 12 out of 32 oil and gas exploration blocks offered in latest auction. According to the Directorate General of Hydrocarbons (DGH), the company has won 6 out of the 14 blocks on offer in Open Acreage Licensing Policy (OALP)-II, while in OALP-III, the company got 6 blocks.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.