Bulletin Updates

Changes in energy politics: Amendment allows flexibility to foreign vendor – 18 Feb 2025

Feb 18, 2025

It looks like Trump or, in this case, just the anticipation of change in global energy politics, has already led to a major concession in India's oil & gas sector.

Even before Trump assumed power, perhaps anticipating that there is a backlash against heavy restrictions on foreign vendors to participate in local oil & gas tenders, an amendment came into a tender that will, going ahead, define how things are going to shape up in the future

It looks like good new for foreign contractors

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