State-owned Oil and Natural Gas Corporation aims to start the drilling operations in its Andaman wells by May, the company’s director-exploration Sushma Rawat told FE.
The country’s largest oil exploration and production company had won two blocks in the Andaman basins in the sixth round of bidding under the open acreage licencing programme.
The identified blocks in the Andaman are expected to contain large reserves of hydrocarbons and the company is confident of boosting its domestic production of oil and gas.
