Oil, Gas and Natural Resources

The Oil and Gas sector is one of the cornerstone industries in India, significantly influencing decision-making across other economic sectors. With increasing demand driven by economic growth and a rising population, the industry has become a critical focus for both domestic and international stakeholders. The Government of India has adopted progressive policies to meet this demand, including allowing 100% Foreign Direct Investment (FDI) in several segments such as natural gas, petroleum products, and refineries. As per the he Department for Promotion of Industry and Internal Trade (DPIIT) reports that the total FDI inflows in India’s petroleum and natural gas sector between April 2000 and March 2024 was USD 8.19 Billion.

The sector spans upstream, midstream, and downstream activities, presenting a range of challenges and opportunities, from exploration to distribution.

Astrea Legal: Comprehensive Legal Solutions in Oil & Gas

Provides a full suite of legal services tailored to the complexities of the oil and gas industry. Our services include:

Transactional and Strategic Advisory

• Mergers & Acquisitions: Assisting with acquisitions, privatizations, and joint ventures in the oil and gas industry.
• Development Projects: Legal support for the development of infrastructure and facilities across the oil and gas value chain.
• Privatization and Investments: Consulting on privatization opportunities and investment structuring.

Corporate Structuring

• Setting Up Subsidiaries: Advising foreign oil companies on establishing wholly-owned subsidiaries in India, ensuring compliance with Indian laws and regulations.
• Negotiations and Agreements: Drafting and negotiating critical industry agreements such as:
  • Exploration and Production Sharing Agreements (EPSAs).
  • Gas Transmission Agreements (GTAs).
  • LNG Supply Agreements.
  • Pipeline Transportation Contracts.
  • Farm-in Agreements.

Equipment and Operational Contracts

• Drilling Equipment: Drafting contracts for the purchase and leasing of drilling and exploration equipment.
• Operational Agreements: Advising on contracts related to operational logistics, including equipment maintenance and lease.

Legal Compliance and Litigation

• Regulatory Compliance: Ensuring adherence to Indian environmental, tax, and other sector-specific laws.
• Dispute Resolution: Representing clients in litigation or arbitration related to oil and gas transactions.

Contractual and Financial Consulting

• Agreement Termination: Advising on the legal implications of agreement transfers or terminations.
• Negotiations and Financing: Supporting negotiations and structuring project financing.

To handle the complexities of the Oil and Gas sector with tailored solutions that address its dynamic legal and operational landscape, helping clients navigate challenges and leverage opportunities effectively.