Oil India floats tender for drilling rigs in Mahanadi Basin
Petroleum
Jan 07,2026
Oil India Limited has floated a tender for drilling rigs to support exploration activities in OALP blocks in the Mahanadi basin offshore Odisha.
The move signals a renewed focus on expanding exploration in the eastern offshore region.
Successful drilling could unlock new hydrocarbon resources and boost domestic production.
The initiative aligns with national efforts to enhance energy security and reduce import dependence.
Exploration outcomes will determine the pace of subsequent development investments.
Company :
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Oil India