India launches a ₹84, 084 Crore 'Samudra Manthan' mission to unlock offshore oil & gas! The Union Cabinet has approved the 'Samudra Manthan' National Offshore Exploration Scheme with an outlay of ₹84, 084 crore to accelerate offshore oil and gas exploration through FY 2030–31. This, - Aims to add over 600 million metric tonnes of oil equivalent (MMTOE) to India's hydrocarbon reserves. - Accelerates deepwater and ultra-deepwater exploration through advanced seismic surveys and exploratory drilling. - Supports domestic manufacturing with dedicated oil and gas manufacturing and services zones. - Strengthens India's long-term energy security while attracting fresh investments into the upstream sector. Isn't it a great decision?
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#Oil #Gas #Energy #Security #Manufacturing #Infrastructure #Investment #India
2026-08-09T05:57:36
India launches a ₹84, 084 Crore 'Samudra Manthan' mission to unlock offshore oil & gas! The Union Cabinet has approved the 'Samudra Manthan' National Offshore Exploration Scheme with an outlay of ₹84, 084 crore to accelerate offshore oil and gas exploration through FY 2030–31. This, - Aims to add over 600 million metric tonnes of oil equivalent (MMTOE) to India's hydrocarbon reserves. - Accelerates deepwater and ultra-deepwater exploration through advanced seismic surveys and exploratory drilling. - Supports domestic manufacturing with dedicated oil and gas manufacturing and services zones. - Strengthens India's long-term energy security while attracting fresh investments into the upstream sector. Isn't it a great decision?
2026-08-09T05:57:36
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