Oil India Ltd begins exploration in Andaman sea
Oil India Ltd, the nation’s second-biggest state-owned oil producer, on Thursday said it has started exploring for oil and gas in the Andaman sea.
OIL said it has begun acquiring seismic data on the shallow water blocks AN-OSHP-2018/1 and AN-OSHP-2018/2, which the company had won in the third round of open acreage licensing policy.
The results of the seismic survey would help the firm decide on drilling of wells on the block that could yield oil and gas.
The firm has “deployment of a state-of-the-art multi-purpose seismic data acquisition vessel ‘SW Vespucci’ for the acquisition of 8,400 line-kilometre of 2D seismic data,” OIL said in a statement.
“The exploration efforts in Andaman offshore are being resumed after a long period of time,” it said.
