Express News Service
NEW DELHI: Re-dedicating the enduring Sagar Samrat drilling rig, as a cellular offshore manufacturing unit to the nation, Union Minister of Petroleum and Natural Gas Hardeep S Puri stated that in addition to working within the deep waters now, the Oil and Natural Gas Corporation’s (ONGC) platform can even be capable of discover sources which have remained untapped.
“A positive step in India’s steady journey towards energy self-sufficiency by 2047, this unit will be able to operate in deep waters and will open up new opportunities to access previously untapped reserves.” Puri stated. Speaking on the occasion, the Minister stated that the federal government intends to extend India’s exploration acreage to 0.5 million sq km by 2025 and 1.0 million sq km by 2030.
He additionally stated that the federal government has been profitable in decreasing the ‘No Go’ space by 99 per cent, thereby making accessible an extra 1 million sq km of India’s EEZ for exploration. Several MNCs have showb eager curiosity to put money into the Indian E&P section, and a few are already in talks with ONGC for firming up mutually useful partnerships.
Dedicating the rig to the nation, the minister stated that this state-of-the-art facility will deal with as much as 20,000 BPD of crude oil, with a most export fuel capability of two.36 MCM per day & is anticipated so as to add 6000 bbls/day of oil to India’s manufacturing within the coming days. “Re-coronation of Sagar Samrat is a testament to the courage and willingness to make a difference in the face of uncertainties and the tumultuous forces of nature through re-alignment and innovation,” Puri stated.
In a tweet, Puri stated, “Sagar Samrat now rules the sea as a Mobile Offshore Production Unit. Joined energy soldiers of ONGC At the re-coronation of a valuable asset. Sagar Samrat Rig built in 1973 was instrumental in 14 key offshore oil & gas discoveries & drilled around 125 wells.”
Commissioned in 1973, Sagar Samrat turned the tides of India’s oil fortune by placing it on the worldwide oil map. In 32 years, Sagar Samrat has drilled virtually 125 wells and has been concerned with 14 key offshore oil and fuel discoveries in India.
NEW DELHI: Re-dedicating the enduring Sagar Samrat drilling rig, as a cellular offshore manufacturing unit to the nation, Union Minister of Petroleum and Natural Gas Hardeep S Puri stated that in addition to working within the deep waters now, the Oil and Natural Gas Corporation’s (ONGC) platform can even be capable of discover sources which have remained untapped.
“A positive step in India’s steady journey towards energy self-sufficiency by 2047, this unit will be able to operate in deep waters and will open up new opportunities to access previously untapped reserves.” Puri stated. Speaking on the occasion, the Minister stated that the federal government intends to extend India’s exploration acreage to 0.5 million sq km by 2025 and 1.0 million sq km by 2030.
He additionally stated that the federal government has been profitable in decreasing the ‘No Go’ space by 99 per cent, thereby making accessible an extra 1 million sq km of India’s EEZ for exploration. Several MNCs have showb eager curiosity to put money into the Indian E&P section, and a few are already in talks with ONGC for firming up mutually useful partnerships.
Dedicating the rig to the nation, the minister stated that this state-of-the-art facility will deal with as much as 20,000 BPD of crude oil, with a most export fuel capability of two.36 MCM per day & is anticipated so as to add 6000 bbls/day of oil to India’s manufacturing within the coming days. “Re-coronation of Sagar Samrat is a testament to the courage and willingness to make a difference in the face of uncertainties and the tumultuous forces of nature through re-alignment and innovation,” Puri stated.
In a tweet, Puri stated, “Sagar Samrat now rules the sea as a Mobile Offshore Production Unit. Joined energy soldiers of ONGC At the re-coronation of a valuable asset. Sagar Samrat Rig built in 1973 was instrumental in 14 key offshore oil & gas discoveries & drilled around 125 wells.”
Commissioned in 1973, Sagar Samrat turned the tides of India’s oil fortune by placing it on the worldwide oil map. In 32 years, Sagar Samrat has drilled virtually 125 wells and has been concerned with 14 key offshore oil and fuel discoveries in India.
