INFRASTRUCTURE
India Clears ₹84,084-Cr Scheme To Boost Offshore Oil & Gas Exploration
The National Offshore Exploration Scheme, ‘Samudra Manthan’ with a total outlay of ₹84,084 crore through FY31, will be marked as India’s biggest-ever offshore hydrocarbon exploration initiative aimed at reducing the country’s dependence on imported crude oil and natural gas. The central sector scheme of the Ministry of Petroleum & Natural Gas seeks to accelerate exploration […]
CW Bureau
·
Aug 1, 2026
INFRASTRUCTURE
ONGC Spuds First Deepwater Well In Mahanadi Basin Off Odisha Coast
Oil and Natural Gas Corporation (ONGC) has spudded its first deepwater exploration well, MN-DW18-1-H-D, in the Mahanadi Basin under the Government’s Samudra Manthan Mission. The well is being drilled about 23 nautical miles from Konark off the Odisha coast, marking the start of one of India’s most challenging deepwater exploration campaigns. Major exploration milestone The […]
CW Team
·
Jul 25, 2026
INFRASTRUCTURE
ONGC, MRPL JV With OPaL To Integrate Petrochem Marketing
The board of Oil and Natural Gas Corporation Ltd (ONGC), a public sector enterprise, has approved the formation of a joint venture company (JVC) with its subsidiaries Mangalore Refinery and Petrochemicals Ltd (MRPL) and ONGC Petro additions Ltd (OPaL) to integrate petrochemicals marketing across group entities. The proposed JV will have a shareholding structure of […]
CW Bureau
·
Apr 27, 2026
