India’s Ministry of Petroleum and Natural Gas has formally approved the assignment of participating interests and operatorship for several oil and gas blocks to Vedanta Oil and Gas Limited.
These assets were transferred through a court-sanctioned Scheme of Arrangement within the Vedanta group. The internal reconfiguration became effective on May 1, 2026.
The ministry’s clearance confirms regulatory alignment and removes operational uncertainty. This move solidifies Vedanta’s control over the blocks and strengthens its position in India’s upstream energy sector.