Deepwater Exploration News

1 Sept 202612:55 am

business1 Sept 2026 · 12:55 am12:55 am

ONGC to Invest ₹1 Trillion in Deepwater Exploration by FY31

ONGC plans to invest ₹1 trillion in deepwater oil and gas exploration by FY31 and establish an international energy trading desk by late 2026.

31 Aug 20261:03 am

Energy31 Aug 2026 · 1:03 am1:03 am

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Government to Begin Investment Recovery 7 Years After Deepwater Production Starts

The Indian government plans to support deepwater exploration until 2030-31 with significant funding of about 43,000 crore rupees for sixty deepwater well drilli

6 Aug 20268:12 am

oil and gas6 Aug 2026 · 8:12 am8:12 am

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ONGC expects 39 MMTOE oil and gas production this fiscal, 40 MMTOE next year

ONGC anticipates oil and gas production to reach 39 MMTOE this fiscal year and 40 MMTOE next year, with executives expecting oil prices around $75 per barrel to

2 Aug 20263:35 am

economy2 Aug 2026 · 3:35 am3:35 am

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Samudra Manthan Scheme: Boosting India's Deepwater Exploration and Energy Security

The Samudra Manthan scheme is designed to enhance India's deepwater hydrocarbon exploration and energy security through an investment of ₹84,084 crore.

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