Bid & Tender


ONGC Announces Significant O&G Discoveries in Mumbai Offshore’s OALP Block

Oil and Natural Gas Corporation Limited (ONGC) has announced significant discoveries of oil and gas in two separate offshore exploration blocks in the Mumbai Offshore region, according to a statement released by the company.


The first discovery was made in the Open Acreage Licensing Policy (OALP) block MB-OSHP-2017/1 in Mumbai Offshore (SW) on the Arabian Sea. ONGC has named this discovery “AMRIT" and a detailed assessment of the discovery is currently underway.


The second discovery, which ONGC has named “Moonga", was made in another OALP exploration block in Mumbai Offshore, MBS182HDA-1(MBS182HDA-A).


These significant discoveries underscore ONGC’s commitment to exploration and its success in unlocking the vast potential of India’s hydrocarbon resources. The company’s diligent analysis of geological data and use of advanced technologies has enabled it to identify substantial oil and gas reserves in untapped regions, reinforcing the untapped potential within the OALP blocks.


ONGC Director (Exploration) Sushma Rawat, said that with these notable findings in the OALP I and OALP III rounds, ONGC reaffirms its exploration commitment to unlocking the vast potential of India’s hydrocarbon resources along with reserves accretion, strengthening the nation’s energy security.


ONGC has promptly notified the Directorate General of Hydrocarbons (DGH) and the Ministry of Petroleum and Natural Gas (MOP&NG) about these remarkable findings. The company’s proactive approach in notifying the DGH and the MOP&NG reflects its commitment to operating within the regulatory framework.


Related News