ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ...
Aimed at strengthening India’s energy security, the Samudra Manthan Project, or the National Deep Water Exploration Mission, ...
On August 15, 2025, Prime Minister Narendra Modi spoke of energy security, announcing the National Deep Water Exploration Mission. “To make the country developed, we are now moving towards ‘Samudra ...
ONGC and Shell Energy India have entered into a memorandum of understanding to collaboratively delve into potential joint ventures. Their focus will be on assessing opportunities in deepwater and ...
India plans an Rs 80,000-crore incentive package for deepwater oil exploration. The government will fund up to half the cost ...
The state-owned explorer has launched its first deepwater exploratory well under a broader push to unlock offshore hydrocarbon reserves and strengthen India's energy security ...
The exploration will be spearheaded by DeepX, a mission-mode team of more than 30 experts that will work with advanced ...
TechnipFMC plc FTI and Cairn Oil & Gas have entered into a strategic alliance to fast-track deepwater projects in India. The collaboration will tap TechnipFMC’s expertise and cutting-edge technologies ...
ONGC and Shell Energy India sign MoU to explore deepwater oil & gas exploration and LNG sourcing opportunities, boosting India''s energy sector.
ONGC is launching a major deepwater exploration drive under the Samudra Manthan programme. It plans to drill 150 wells over seven years to pursue nearly 5,600 MMTOE of hydrocarbon potential, aiming to ...
Recent discoveries in Guyana and Namibia have reignited interest in deepwater oil exploration, offering high returns for major oil companies. Despite forecasts of peak oil demand, Big Oil is investing ...
New Delhi: India is embarking on what could be one of the world's first large-scale programmes to fund high-risk offshore oil and gas exploration directly from the national budget, wagering that the ...