Tag: Offshore Oil and Gas
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Samudra Manthan Scheme: India’s ₹84,084 Crore Push for Deepwater Oil & Gas Exploration
The Union Cabinet has approved an ambitious ₹84,084 crore National Offshore Exploration Scheme, popularly known as the Samudra Manthan Scheme, to accelerate India’s deepwater and ultra-deepwater oil and natural gas exploration. The programme will be implemented until FY 2030-31 and aims to reduce exploration risks, attract private investment, boost domestic hydrocarbon production, and strengthen India’s…

