Indian govt reserves right to call for joint development of oil and gas blocks under OALP

The Indian government has reserved the right to call for the joint development of oil and gas fields to be auctioned under the newly unveiled Open Acreage Licensing Policy (OALP). In a draft contractor agreement, which is signed between a successful bidder and government, a provision for the joint development of reservoirs has been incorporated to prevent disputes between contractors if the respective blocks concerned have been awarded to two different developers.