The company further said the offshore crude supply remains unaffected and the impact of fire in local vicinity is nil
If the deal goes through, an IOCL-BPCL merger will be the third mammoth amalgamation of state-owned companies, excluding banks.
Oil India Ltd signed up for the 12 out of 32 oil and gas exploration blocks it won in the twin rounds that ran parallelly
Companies can bid either alone or through consortiums and joint ventures and will be allowed to bid for more than one contract area
Aban Offshore, Jindal Drilling & Industries, Hindustan Oil Exploration, Deep Industries and Selan Exploration Technology Company have rallied up to 16% on the BSE in intra-day trade.