ONGC to Infuse ₹1 Lakh Crore for Deepwater Exploration: Chairman

ONGC to infuse ₹1 lakh crore for deepwater exploration: Chairman

Deepwater, ultra-deep water exploration

ONGC to Invest Rs 1 Lakh Crore in Deepwater Exploration over Next 5 Years, Reports 3 New Discoveries

Get latest articles and stories on Business at LatestLY. Oil and Natural Gas Corporation (ONGC) plans to invest around Rs 1 lakh crore over five years in deepwater and multi-deepwater exploration as it steps up efforts to identify new hydrocarbon resources, while the company reported three new hydrocarbon discoveries in its operated offshore acreage during FY26, Arun Kumar Singh, Chairman and CEO, ONGC, said on Monday. Business News | ONGC to In…

ONGC to spend Rs 1 lakh crore in deep-sea push; to set up trading unit by year-end

India’s largest oil and gas producer Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 1 lakh crore over five years on exploration activities in deepwater and ultra-deepwater fields in India’s offshore basins, its chairman said Monday. Even as the state-owned energy giant remains focussed on its core upstream activities, it also plans […]

ONGC Bets Rs 1 Lakh Crore On Deepwater Exploration To Offset Oil & Gas Output Decline

ONGC will drill 87 deepwater and ultradeep water wells by March 2031. It is targeting eight deep waterwells in FY27 and ten deep water wells in FY28.