India Launches Samudra Manthan Scheme to Boost Offshore Oil and Gas Exploration
India has introduced the Samudra Manthan – National Offshore Exploration Scheme to tap into the country's untapped offshore oil and gas reserves. The initiative focuses on conducting large-scale seismic surveys to map potential hydrocarbon deposits beneath the seabed. Deepwater exploration and scientific drilling are also central components of the program. The scheme is designed to significantly expand India's domestic energy production capacity. Authorities believe the push could prove transformative for the country's long-term energy security.
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