Oil India clarifies seismic studies and OALP X bidding approach

Oil India issued a clarification on its seismic studies and OALP X bidding strategy following market speculation. The company said surveys are routine, data driven, and aligned with exploration norms. Management added bidding decisions remain under evaluation and compliant with regulatory frameworks. Analysts said the clarification reduces uncertainty and reassures investors about capital discipline, exploration timelines, and strategic intent amid volatile energy markets globally today.