Natural Gas Discovered In Andaman Basin, Says Puri
OIL & GAS

Natural Gas Discovered In Andaman Basin, Says Puri

Union Petroleum Minister Hardeep Singh Puri has announced the discovery of natural gas in the Andaman basin, validating long-held beliefs that the Andaman Sea holds significant hydrocarbon reserves.
In a social media post, Puri described the find as “an ocean of energy opportunities,” confirming the occurrence of natural gas in the Sri Vijayapuram-2 well, located 17 km from the east coast of the Andaman Islands at a water depth of 295 metres and target depth of 2,650 metres. Initial production testing between 2,212 and 2,250 metres confirmed the presence of natural gas with intermittent flaring.
Samples transported to Kakinada were tested and found to contain 87 per cent methane. While the size and commercial viability of the reserves will be verified in the coming months, Puri said the discovery establishes the presence of hydrocarbons in the basin, consistent with similar finds stretching from Myanmar to Indonesia.
He further noted that under the National Deep Water Exploration Mission, announced by Prime Minister Narendra Modi on Independence Day, several deepwater exploration wells are planned across India’s offshore basins. The Minister emphasised that this discovery is a milestone for India’s energy security, supporting the nation’s ambition to expand domestic hydrocarbon exploration in coordination with global experts.
Prime Minister Modi has termed the mission “Samudra Manthan,” reflecting India’s drive towards self-reliance in the energy sector. 

Union Petroleum Minister Hardeep Singh Puri has announced the discovery of natural gas in the Andaman basin, validating long-held beliefs that the Andaman Sea holds significant hydrocarbon reserves.In a social media post, Puri described the find as “an ocean of energy opportunities,” confirming the occurrence of natural gas in the Sri Vijayapuram-2 well, located 17 km from the east coast of the Andaman Islands at a water depth of 295 metres and target depth of 2,650 metres. Initial production testing between 2,212 and 2,250 metres confirmed the presence of natural gas with intermittent flaring.Samples transported to Kakinada were tested and found to contain 87 per cent methane. While the size and commercial viability of the reserves will be verified in the coming months, Puri said the discovery establishes the presence of hydrocarbons in the basin, consistent with similar finds stretching from Myanmar to Indonesia.He further noted that under the National Deep Water Exploration Mission, announced by Prime Minister Narendra Modi on Independence Day, several deepwater exploration wells are planned across India’s offshore basins. The Minister emphasised that this discovery is a milestone for India’s energy security, supporting the nation’s ambition to expand domestic hydrocarbon exploration in coordination with global experts.Prime Minister Modi has termed the mission “Samudra Manthan,” reflecting India’s drive towards self-reliance in the energy sector. 

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App