Bettering Your Practices in Deepwater India
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Dear colleague, Relinquishing two discoveries, Reliance Industries will conduct DST at another three deepwater discoveries, in accord with a cabinet decision that Indian government offer those who make oil & gas discovery options to relinquish the block, conduct Drill Stem Test (DST) or develop the discovery without conducting DST in a ring-fenced manner since April. In the past few years, interests conflicting and legal tangles fill Indian O & G exploration sector. Besides this new E & P policy, the government is contemplating to make three major changes in the auctioning system that includes abolishing block auctioning by bringing "open acreage" system for the coming NELP-X. It’s clear to see that for extensive exploration to reduce its import, India is trying to offer a way out of the logjam between the operators and the regulator. Under the patronage of Indian government, Deepwater India Congress 2015 (Nov. 26-27, New Delhi) will show you the determination & solution from the government.Part of inviting & confirmed speakers: Please note, | |||
Best regards, Grazy Lau | OceanFuture | SZ&W Group
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