Modi Announces National Deep Water Exploration Mission To Tap Offshore Oil, Gas Reserves

Prime Minister Narendra Modi today (15 August) announced the launch of a National Deep Water Exploration Mission aimed at tapping India’s vast untapped offshore oil and gas reserves.

In his Independence Day address, Modi said the initiative will deploy advanced deep-sea drilling and exploration technology to strengthen India’s energy security.

The mission is expected to focus on high-potential deepwater blocks in the Bay of Bengal and Arabian Sea, with support from both public and private sector firms.

Officials said the move could significantly reduce India’s dependence on imported crude and boost domestic production over the next decade.