News on HELP (Business Opportunities - Marketing & Sales)
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Item ID 3114925 in Category: Business Opportunities - Marketing & Sales
News on HELP | |
News on HELP The Hydrocarbon Exploration and Licensing Policy (HELP) was introduced in India in 2016 to replace the older New Exploration Licensing Policy (NELP). Designed to attract more investment and foster growth in the country’s energy sector, HELP aims to streamline the exploration process and offer a more flexible framework for hydrocarbon exploration. Under HELP, the government introduced a revenue-sharing model, as opposed to the earlier production-sharing model, making it more investor-friendly. This policy allows companies to explore and extract hydrocarbons from any block without being limited to specific areas. HELP also facilitates the Open Acreage Licensing Policy (OALP), enabling companies to select unexplored areas for bidding, promoting transparency and competition. By simplifying the regulatory framework, HELP has attracted both domestic and international companies to invest in India’s oil and gas exploration, thereby enhancing energy security. The policy continues to play a crucial role in India’s effort to reduce its reliance on imported energy, News on HELP, indianpetroplus #NewsonHELP #Indianpetroplus | |
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2025-03-13 (0.389 sec)