Oil and Natural Gas Corporation Ltd (ONGC) has tested the first deep-water well at its largest block in the Krishna Godavari basin, said Rajesh Kakkar, director (offshore) of the state-run company.
The KG-DWN-98/2 block in the Bay of Bengal is one of ONGC’s biggest projects, with plans to invest up to $5 billion during the life of the asset that is expected to play a strategic role in India’s energy transition.
“We are working on a challenging project on the east coast, generally known as 98/2. Work has already begun on that. The first deep-water well has been tested.
