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Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha

Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha

The Andaman Basin emerges as a key frontier in India’s energy exploration, with drilling operations by ONGC and OIL targeting depths of up to 5,000 metres in ultra-deepwater regions. India is witnessing a renewed surge in oil and gas exploration, particularly offshore, revealing vast untapped hydrocarbon potential. In a written reply to a starred question...