Opportunities in India's oil and gas sector showcased in Singapore, energy majors and investors attend

Global energy companies and investors gathered in Singapore on Monday to learn about India's multi-billion-dollar opportunities in the oil and gas sector, as well as the reforms driving the growth. The event, presided over by Neeraj Mittal, Secretary of the Ministry of Petroleum and Natural Gas, featured presentations from senior officials and energy industry experts.

Sudhi Choudhary, Deputy High Commissioner of India to Singapore, emphasized the strong India-Singapore partnership in the energy sector and highlighted the numerous investment opportunities available. Presentations covered exploration bids, BP Group's experience operating in India, and the broader India Energy Week 2027. Secretary Mittal outlined the significant investment opportunities across the value chain, including exploration, manufacturing, refining, midstream, gas infrastructure, and strategic storage.

India's energy demand is growing three to four times faster than the global average, providing ample opportunities for international participation. Secretary Mittal also discussed India's hydrocarbon resource potential and ongoing reforms, such as the Samudra Manthan National Offshore Exploration Mission, the National Offshore Exploration Mission, and the Hydrocarbon Exploration and Licensing Policy.

BP India's Kartikeya Dube shared the company's experience in India's upstream and downstream operations, noting the government's continued willingness to engage in further reforms. The event concluded with a reaffirmation of India's commitment to fostering partnerships, attracting investment, and strengthening cooperation with global energy stakeholders.