Tag: Oil offshore drilling

Samudra Manthan budgets  ₹43,200 crore for 60 offshore oil wells and offers government support for drilling costs. (Reuters/Representative image)
Posted in Business

Why it’s tough to go digging for oil in the oceans — and why India is spending ₹84,084 crore trying to

The Union cabinet on Friday approved Samudra Manthan, a ₹84,084 crore scheme to hunt for oil and gas off India’s coast. The plan, over five…

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