Details of explored zones for oil and gas in India Type of material and service contracts FIDIC ICC

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Exploration zones for oil and gas in India, material and service contracts, FIDIC and ICC

India has several exploration zones for oil and gas, including the Krishna-Godavari Basin, Mumbai Offshore Basin, and Assam-Arakan Basin
Material and service contracts for oil and gas exploration in India are typically awarded through a competitive bidding process
FIDIC (International Federation of Consulting Engineers) and ICC (International Chamber of Commerce) are commonly used contract templates in the oil and gas industry
FIDIC contracts are often used for engineering and construction projects, while ICC contracts are used for international trade and commercial transactions

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