Adani Welspun finds gas in offshore Mumbai
Adani Welspun Exploration Ltd (AWEL), a joint venture between the Adani Group and Welspun Enterprises Ltd, announced its first ever gas discovery in the Nelp-VII block MB-OSN-2005/2 in the Tapti-Daman sector of Mumbai offshore basin.
AWEL, a 65:35 joint venture between Adani Enterprises Ltd and Welspun Natural Resources Pvt. Ltd, holds 100% interest in the block spread across 714.6 sq km and is its operator.
“The pay zones and flow rates encountered have exceeded the company’s initial estimates. With the information gleaned from adjoining fields, this discovery is of substantial significance for both the company and the nation,” AWEL said.
