IOC Indian Oil Corporation Ltd Expansion Plans Announcement 2024 - Production Concession Award Indian Oil Corporations joint venture Urja Bharat Pte Limited has received a Production Concession from Abu Dhabis SCFEA, allowing it to develop oil and gas resources in an area of 6,162 square kilometers after investing nearly USD 164 million during the exploration phase..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Indian Oil Corporation Ltd