Story perspectives
India's Oilfields Bill Fuels Production Surge by 2030
4/1/2025
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Story summary
- India's parliament has greenlit the Oilfields Amendment Bill 2024, paving the way for smaller operators to thrive. With a projected 1,100 offshore wells in the next five years, production is set to soar to 1.6 million barrels of oil equivalent per day by 2030. Meanwhile, Cairn Oil & Gas is gearing up to amplify its output with a new drilling rig in Rajasthan.
