This the first such initiative in India. "Under the Sagar Samriddhi project, Belford Dolphin has spudded its first well in the Gulf of Kutch (GKDW-A-A), about 180 km north-west of Porbander," ONGC Chairman and Managing Director Subir Raha told reporters in Mumbai.
Sagar Samriddhi was the largest deep water exploration program ever undertaken by a single operator worldwide, Raha said.
"We have taken steps to meet a target of a billion tons of hydrocarbon (gas and oil) discovery under this project," he added.
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