Indian deepwater projects
India’s deepwater projects are crucial for boosting domestic oil and gas production. Led by companies like ONGC and Reliance Industries, these projects target reserves in the Krishna-Godavari (KG) Basin and Mahanadi Basin. ONGC's Cluster 2 in KG-DWN-98/2 and RIL-BP’s MJ and R-Series fields are key developments. These complex offshore projects involve subsea infrastructure, floating production systems, and high-end technology due to challenging deepwater conditions. Government support through policy reforms and faster approvals is driving investment. Indian deepwater exploration is vital for energy security, reducing imports, and meeting future demand in an evolving global energy landscape, Indian deepwater projects, Indianpetroplus