ONGC Plans ₹1-Lakh-Crore Deepwater Exploration Drive with 87 Wells by 2031
ONGC Chairman and CEO Arun Kumar Singh said the company plans to drill 87 deepwater and ultra-deepwater wells by March 2031. The programme represents an aggressive expansion of offshore exploration at a time when India is seeking to reverse stagnation in domestic oil and gas production and reduce its vulnerability to imported energy.