Under Implementation Oil & Gas / Refinery Central PSU

Rs.5200 Million New Drilling of 4 Exploratory Wells Project in Andaman & Nicobar

Investment
From 5000 Million to 49999 Million
Stage
Under Implementation
Location
NA, Andaman and Nicobar Islands
Last updated
05 Aug 2024

Project summary

A new project involves drilling four exploratory wells in the Andaman Basin, Andaman & Nicobar Islands, focusing on offshore drilling in the AN-OSHP-2018/1 Block. With an estimated cost of Rs. 5,200 million, construction is set to start in September 2024 and finish by September 2025. As of July 2024, the project is awaiting environmental clearance, aiming to enhance exploration capabilities and regional energy resources.

Project details

SegmentOil & Gas / Refinery
IndustryPetroleum
Products & capacityDrilling of 4 Exploratory Wells
DistrictNA
StateAndaman and Nicobar Islands
InvestmentFrom 5000 Million to 49999 Million
Project typeNew
OwnershipCentral PSU
StageUnder Implementation
Last updated05 Aug 2024
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