Letter from India: Oil and gas crucial to future energy security
Krishna-Godavari Basin success underscores importance of drive towards energy independence amid an ‘all-hands’ approach
In January, Oil and Natural Gas Corporation (ONGC), a major energy player in India, announced the start of oil production from its flagship deepwater project in the Krishna-Godavari Basin. The innovative initiative, which promises to catapult ONGC's total oil and gas production by 11% and 15% respectively, reflects a constant and leading priority for India’s public and private sector: energy security and independence. During a public address at India Energy Week in February, Indian Prime Minister Narendra Modi celebrated the deepwater project as a “a remarkable step in India’s energy journey”. First oil production was similarly applauded by Hardeep Singh Puri, union minister for petroleum an

Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.