Guyana-Sized Oil Reserves
India May Be Sitting on Guyana-Sized Oil Reserves in the Andaman Sea, Says Hardeep Singh Puri
Anthony Lane
Union Minister Hardeep Singh Puri foresees Guyana-sized reserves in the Andaman Sea, echoing ExxonMobil’s Liza find of 11 billion barrels. Regulatory breakthroughs—99% “no-go” reduction, OALP, OFRD amendments—and ONGC’s record 541 wells in FY 2024 set the stage for a deepwater exploration boom. This comprehensive guide offers policy insights, drilling milestones, economic projections, technological trends, environmental safeguards, geopolitical context, and a step-by-step roadmap for professionals and investors eyeing India’s offshore future.
