Shardul Amarchand Mangaldas Advises ONGC on Strategic Offshore Infrastructure-Sharing MoU with Reliance Industries

"Shardul Amarchand Mangaldas & Co. advised Oil and Natural Gas Corporation Limited (ONGC) on a master infrastructure-sharing MoU with Reliance Industries Limited (RIL) to share deepwater upstream infrastructure and operational resources along India’s East Coast, notably the Krishna Godavari Basin and Andaman offshore. The first-of-its-kind framework aims to optimise infrastructure deployment and accelerate field development."

Shardul Amarchand Mangaldas & Co. advised Oil and Natural Gas Corporation Limited (ONGC) in relation to a Memorandum of Understanding with Reliance Industries Limited (RIL). The firm acted as legal counsel to ONGC on the structuring and documentation of a Memorandum of Understanding in the nature of a master infrastructure sharing agreement with Reliance Industries Limited. The arrangement focuses on the sharing and joint utilisation of deepwater upstream infrastructure and operational resources along India's East Coast, particularly in the Krishna Godavari (KG) Basin and Andaman offshore regions. The framework represents a first-of-its-kind large-scale offshore infrastructure-sharing collaboration between ONGC and RIL and is aimed at optimising infrastructure deployment and accelerating field development timelines. Shardul Amarchand Mangaldas & Co. represented client(s) Oil and Natural Gas Corporation Limited (ONGC) with a team composed by: V.R. Neelakantan, Partner; Varnika Mohan, Principal Associate; Siddharth Jain, Senior Associate; Tanya Rathod, Associate.

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Shardul Amarchand Mangaldas Advises ONGC on Strategic Offshore Infrastructure-Sharing MoU with Reliance Industries

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Shardul Amarchand Mangaldas Advises ONGC on Strategic Offshore Infrastructure-Sharing MoU with Reliance Industries

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