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Which company is operating the Krishna Godavari Basin Deep Sea Project in the Bay of Bengal?
- a)Reliance Industries
- b)Indian Oil
- c)Bharat Petroleum
- d)Oil and Natural Gas Corporation Limited (ONGC)
Correct answer is option 'D'. Can you explain this answer?
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Which company is operating the Krishna Godavari Basin Deep Sea Project...
The Oil and Natural Gas Corporation (ONGC) is operating the Krishna Godavari Basin Deep Sea Project in the Bay of Bengal. The project is located in the KG-DWN-98/2 block, which has been delayed and extended multiple times over the past few years. The Krishna Godavari Basin is a petroliferous basin on the east coast of India. The onshore part is 15,000 square kilometers, and the offshore part is 25,000 square kilometers. ONGC has hired the floating platform Armada Sterling V for the project. The platform is owned 70% by Shapoorji Palonji Oil and Gas and 30% by Malaysia’s Bumi Armada.
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Which company is operating the Krishna Godavari Basin Deep Sea Project...
Oil and Natural Gas Corporation Limited (ONGC)
The Krishna Godavari Basin Deep Sea Project in the Bay of Bengal is operated by Oil and Natural Gas Corporation Limited (ONGC), which is a public sector undertaking under the Ministry of Petroleum and Natural Gas, Government of India.
Overview of ONGC
- Oil and Natural Gas Corporation Limited (ONGC) is the largest oil and gas exploration and production company in India.
- ONGC is responsible for discovering and extracting oil and natural gas resources in various locations across India, including the Krishna Godavari Basin.
Krishna Godavari Basin Deep Sea Project
- The Krishna Godavari Basin is a major oil and gas producing region located off the eastern coast of India in the Bay of Bengal.
- ONGC's Deep Sea Project in the Krishna Godavari Basin involves drilling for oil and gas reserves in deep waters to meet the energy needs of the country.
Significance of the Project
- The Krishna Godavari Basin Deep Sea Project is crucial for India's energy security and reducing its dependence on imported oil and gas.
- The project plays a vital role in enhancing domestic oil and gas production, thereby contributing to the country's economic growth and development.
Technological Advancements
- ONGC has been at the forefront of utilizing advanced technologies for deep-sea exploration and drilling to maximize the extraction of oil and gas resources.
- The company continuously invests in research and development to enhance its capabilities in offshore exploration and production.
In conclusion, the operation of the Krishna Godavari Basin Deep Sea Project in the Bay of Bengal is undertaken by Oil and Natural Gas Corporation Limited (ONGC), showcasing its expertise in offshore exploration and production in the oil and gas sector.
The Krishna Godavari Basin Deep Sea Project in the Bay of Bengal is operated by Oil and Natural Gas Corporation Limited (ONGC), which is a public sector undertaking under the Ministry of Petroleum and Natural Gas, Government of India.
Overview of ONGC
- Oil and Natural Gas Corporation Limited (ONGC) is the largest oil and gas exploration and production company in India.
- ONGC is responsible for discovering and extracting oil and natural gas resources in various locations across India, including the Krishna Godavari Basin.
Krishna Godavari Basin Deep Sea Project
- The Krishna Godavari Basin is a major oil and gas producing region located off the eastern coast of India in the Bay of Bengal.
- ONGC's Deep Sea Project in the Krishna Godavari Basin involves drilling for oil and gas reserves in deep waters to meet the energy needs of the country.
Significance of the Project
- The Krishna Godavari Basin Deep Sea Project is crucial for India's energy security and reducing its dependence on imported oil and gas.
- The project plays a vital role in enhancing domestic oil and gas production, thereby contributing to the country's economic growth and development.
Technological Advancements
- ONGC has been at the forefront of utilizing advanced technologies for deep-sea exploration and drilling to maximize the extraction of oil and gas resources.
- The company continuously invests in research and development to enhance its capabilities in offshore exploration and production.
In conclusion, the operation of the Krishna Godavari Basin Deep Sea Project in the Bay of Bengal is undertaken by Oil and Natural Gas Corporation Limited (ONGC), showcasing its expertise in offshore exploration and production in the oil and gas sector.
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Which company is operating the Krishna Godavari Basin Deep Sea Project in the Bay of Bengal?a)Reliance Industriesb)Indian Oilc)Bharat Petroleumd)Oil and Natural Gas Corporation Limited (ONGC)Correct answer is option 'D'. Can you explain this answer?
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