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The Economic Times

Economy / The Economic Times

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ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan Mission

ONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initiative will utilize advanced technologies and global specialists for faster discoveries. The government approved Rs 84,084 crore for this ambitious offshore exploration program. The goal is to strengthen energy security and reduce import dependence.

1 Aug 2026 1:29 pm