Oil & Natural Gas Corporation Limited — Updates, 12-08-2025: Press Release

ONGC and Oil India have finalized a Joint Operating Agreement for three new exploration blocks awarded under the OALP. These blocks, covering approximately 10,964 sq km across Meghalaya, Gujarat, and offshore Mahanadi basins, will be operated by ONGC. This strategic partnership initiates significant exploratory activities to assess and harness India's hydrocarbon potential. It's a crucial development for both companies, bolstering their collaborative efforts and contributing directly to the nation's energy security and long-term energy goals.