Essential Reforms in India's Upstream Oil and Gas Sector via HELP

The enactment of the Oilfield (Regulation and Development) Amendment Act, 2025, marks a significant milestone in enhancing the operational landscape for India's oil and gas exploration. This amendment aims to improve the Ease of Doing Business in the sector. Combined with previous initiatives like the Hydrocarbon Exploration and Licensing Policy (HELP), these reforms are designed to create an investor-friendly environment. Notably, the Open Acreage Licensing Policy has facilitated the allocation of extensive exploration blocks. Additionally, incentives such as reduced royalty rates and a unique revenue sharing model underpin the modernization of India’s upstream sector. These strategic updates are poised to bolster domestic production and contribute to long-term energy security.

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