India continues its search for hydrocarbons to lessen its dependence on imported crude oil and natural gas, whose international trading environ is undergoing a lot of changes globally – primarily due to the shifting geo-political scenario.

The latest round for Discovered Small Fields (DSF) Bid (Round IV), launched by the Directorate General of Hydrocarbons (DGH), Government of India, will get wrapped up by end July 2025. DSF Bid Round IV has incorporated many key factors of improvement, which should attract bidders who are looking at de-risked investment opportunities in hydrocarbon production, with many even not having any prior experience in the oil and gas industry but keen to reap the benefits from crude oil and natural gas sale!

Those companies, especially the uninitiated ones, which win the bids for producing hydrocarbons from the fields they win under DSF Bid Round IV, will need an entire range of oil and gas production and related equipment, services and technologies to help these licensees to bring into production the ‘discovered’ hydrocarbon at the shortest possible time. All equipment, services and technologies, which perhaps use AI and IT inputs could score over the competition.

Hence, our appeal to oil and gas production equipment and services related exporters from abroad, to keep watching this space. The Success Chamber will connect with you once the winners of this bidding round are announced and we bring to play our experience and knowledge in connecting you to opportunities arising out of this scenario. Application of AI and hi-tech based production equipment and services being developed in other foreign markets and other oil and gas producing jurisdictions, will find a ready market in India.    

Meanwhile, please let me know if you are interested to have a share of this market. I would then take it up separately with you to chalk out a strategy.