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ONGC enhancing E&P drastically; also foraying into Green Energy

ONGC

Driven by Prime Minister Sh Narendra Modi’s objective of energy self-sufficiency by 2047, Oil and Natural Gas Corporation Limited (ONGC) is substantially improving E&P while also venturing into Green Energy. Union Minister Hardeep Singh Puri examined their projects and steps to improve production.  

The GoI’s efforts to improve access to high-quality data, convenience of doing business, provide a favourable contracting framework, and increase acreage by removing no-go zones are already yielding positive benefits. 

ONGC

[nearly 200,000 square kilometres of the nearly 9.1 lakh square kilometres of no-go zones that have lately been opened up have already been tendered. Another 200,000 square kilometres of this region is currently being bid on.  

This covers frontier blocks with minimal well/data coverage and untested deepwater for exploration. 

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