Samudra Manthan: A New Era for Oil Exploration
The Union Cabinet has approved the petroleum ministry’s ambitious Samudra Manthan scheme, officially the National Offshore Exploration Scheme, with an outlay of Rs 84,084 crore to accelerate deepwater oil and gas exploration and draw global energy companies to India’s offshore basins. The scheme is designed to reduce the financial risks of deepwater and ultra‑deepwater exploration, … Read more