Oil & Gas is one of the largest sectors in Energy globally. By 2035, India’s energy demand is expected to double to 1,464 Mtoe, the country’s share in global primary energy consumption would increase twofold and demand for gas is expected to double in 5 years. While India has reasonable proven oil & gas reserves, production has not taken off due to a variety of reasons. State-owned companies dominate most of the E&P activities within the country. Over the years, most state-owned companies and private companies have been acquiring assets with proven resources globally. Many services companies have flourished on International contracts as well.
Encito advices Indian companies to acquire assets globally and raise capital to fund.
Encito Advisors advices Transparent Energy Systems on transaction with JFE Engineering