Oil India to spend ~15,000 crore on deepwater exploration
Oil India chairman Ranjit Rath said the company plans to spend around 15,000 crore over the next three years on deepwater exploration, aiming to drill eight wells subject to seismic data.
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Oil India plans ₹15,000 crore capex for deepwater exploration
Chairman Ranjit Rath said Oil India will spend ₹15,000 crore over the next three years to step up offshore exploration in deep and ultra-deep blocks.