Directorate General of Hydrocarbons (DGH) under the aegis of Ministry of Petroleum & Natural Gas, Government of India is organizing an Pre-bid conference for Offshore Bid Round OALP-IX in Houston on 6-7th July 2023 to engage with prospective global investors and E&P companies. This event is being planned to apprise the investors and the E&P companies about E&P opportunities in India, policy initiatives and incentive structures.
The present Revenue Sharing Contract (RSC) offers more attractive terms and conditions. This conference is to host interactions with potential investors which will help to understand their interests to participate in Indian E&P sector. Suggestions will be solicited from them on how to make our bidding terms, fiscal and policy incentives more attractive to create interests among global players.