13 April 2023
This project, with its well-site facilities and pipeline network, was proposed by CBM Asset and developed by a consortium, which included Tata Projects and Corrtech International. Meanwhile, ONGC is also getting ready to invest billions of dollars in deepwater and ultra-deepwater exploration to reduce India's dependence on imports. In an interview with Bloomberg, ONGC director of exploration Sushma Rawat said: "Onshore we have more or less drilled, appraised or acquired data in most of the basins. "But there are still large tracts offshore where we have very sparse data, where almost no wells have been drilled." The company intends to bid aggressively in the next government auctions to increase its exploration area from approximately 163,000km2 currently to 500,000km2.
This project, with its well-site facilities and pipeline network, was proposed by CBM Asset and developed by a consortium, which included Tata Projects and Corrtech International. Meanwhile, ONGC is also getting ready to invest billions of dollars in deepwater and ultra-deepwater exploration to reduce India's dependence on imports. In an interview with Bloomberg, ONGC director of exploration Sushma Rawat said: "Onshore we have more or less drilled, appraised or acquired data in most of the basins. "But there are still large tracts offshore where we have very sparse data, where almost no wells have been drilled." The company intends to bid aggressively in the next government auctions to increase its exploration area from approximately 163,000km2 currently to 500,000km2.
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