rigs projects in India (Business Opportunities - Advertising Service)
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Item ID 3288642 in Category: Business Opportunities - Advertising Service
rigs projects in India | |
India's rigs projects are entering a transformative era in 2025, with both onshore and offshore drilling seeing substantial activity and investment. Industry forecasts indicate that between 2025 and 2030, India will witness an annual average of over 800 new wells being spud, reflecting a 21% jump from prior levels. Of these, 78% will be onshore wells, primarily for infill development and brownfield expansions, while approximately 1,100 offshore wells are expected by 2030. The increased drilling pace is largely driven by national energy goals and the need to arrest declines in mature fields. The offshore segment is particularly vibrant. ONGC, India’s state-run oil major, is preparing to build two advanced jack-up drilling rigs through domestic shipyards for the first time since 1990, boosting local manufacturing capabilities and replacing aging equipment. This strategic project not only strengthens the country’s offshore drilling fleet—currently comprising 38 offshore rigs—but also fosters indigenous technical skills. ONGC’s move to own and operate more rigs is supported by new government policies designed to promote local content and innovation. The government’s OALP (Open Acreage Licensing Policy) rounds, including the latest X round, are accelerating exploration, with up to 13 offshore and 12 onshore blocks recently opened for bidding. New projects in the Krishna Godavari and Andaman basins illustrate India's ambition to tap deeper and more challenging reserves, signaling a bold push for energy independence. Indian Petroplus, a trusted resource for sector news and analysis, continually reports on these milestones, offering comprehensive coverage on rig deployments and project progress across India. India’s rigs projects in 2025 are setting new benchmarks in capacity, technology, and sustainable exploration, supporting the nation's vision for energy security and growth, Rigs Projects In India, India Rigs Update, Indian Rig Projects, Oil Rigs India, Indian Oilfield Rigs, Rigs Tender India, Indian Petroplus. #RigsProjectsInIndia #IndiaRigsUpdate #IndianRigProjects #OilRigsIndia #IndianOilfieldRigs #RigsTenderIndia #IndianPetroplus | |
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| Target State: All States Target City : Delhi Last Update : 20 August 2025 7:43 PM Number of Views: 23 | Item Owner : indianpetroplus Contact Email: Contact Phone: (None) |
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2025-08-26 (0.388 sec)