Did Indian Oil Joint Venture Discover Oil in Abu Dhabi?
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Synopsis
In a groundbreaking announcement, India's oil sector has achieved a significant milestone with the discovery of oil in Abu Dhabi. This joint venture between Indian Oil Corporation and Bharat PetroResources Ltd opens new avenues for energy security and self-sufficiency in India. Explore the implications and future potential of this discovery.
Key Takeaways
- Discovery of oil in Abu Dhabi by a joint venture.
- Significant milestone for India's energy self-sufficiency.
- Ongoing exploration in seven sedimentary basins.
- Mission Anveshan is enhancing seismic mapping efforts.
- Open Acreage Licensing Programme gaining traction.
New Delhi, Jan 14 (NationPress) Minister of Petroleum and Natural Gas Hardeep Singh Puri announced on Wednesday that a significant breakthrough has occurred as India’s oil firms have found oil in an onshore hydrocarbon block located in Abu Dhabi.
The discovery was achieved by Urja Bharat PTE Ltd (UBPL), a joint venture with equal stakes between India’s energy giant Indian Oil Corporation and Bharat PetroResources Ltd (BPCL). This successful identification of light crude oil in both the Shilaif play (XN 76) and the Habshan reservoir (XN 79 02S) signifies a crucial milestone in Indian Oil’s growing international upstream initiatives, as noted by the minister in a social media post.
“We are eager to progress and unveil further hydrocarbon potential within this concession,” the minister stated.
He emphasized that this discovery represents “a new milestone in India’s journey towards energy self-sufficiency under the visionary leadership of Prime Minister Narendra Modi.”
The minister also mentioned that these advancements demonstrate the commitment and technical prowess of our teams, reinforcing our resolve to enhance India’s energy security through strategic global partnerships.
On the domestic front, India's energy landscape is evolving as seven sedimentary basins are currently being explored using cutting-edge technology for oil and gas extraction throughout the nation.
Mission Anveshan, one of the most extensive seismic mapping initiatives in India’s history, has been launched, aiming for 20,000 ground-line kilometers (GLK) of seismic surveys, with over 8,000 GLK already completed.
Additionally, the offshore area of 1 million square kilometers is now accessible for oilfield exploration, and 99 percent of the 'No-Go' zones have been lifted.
The oil and gas blocks available under the Open Acreage Licensing Programme (OALP) have attracted interest from both global and domestic energy firms, with Round X anticipated to establish new standards for participation and investment.
Previously, the minister indicated that 25 blocks have been designated under OALP-X; 154 exploration blocks remain active, and 14 new oil and gas discoveries have been recorded within the country.
Point of View
It's crucial to recognize this significant development in the energy sector. The discovery of oil in Abu Dhabi not only strengthens India's position in global energy markets but also showcases the potential of strategic partnerships. This aligns with our national goals of energy self-sufficiency and economic growth.
NationPress
14/01/2026
Frequently Asked Questions
What was discovered in Abu Dhabi?
A major discovery of oil was made by the joint venture between Indian Oil Corporation and Bharat PetroResources Ltd in an onshore hydrocarbon block.
Who announced the discovery?
The announcement was made by the Minister of Petroleum and Natural Gas, Hardeep Singh Puri.
What is the significance of this discovery?
This discovery marks an important milestone in India's energy sector, contributing to the country's goal of energy self-sufficiency.
What is Mission Anveshan?
Mission Anveshan is a major seismic mapping program aimed at exploring oil and gas resources across India.
How many blocks are currently active under OALP?
There are currently 154 exploration blocks active under the Open Acreage Licensing Programme (OALP).
