Tag: Ultra-Deepwater 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…