India enters new deep-water era
India’s plans for its deep waters could take its energy industry into a new phase
Sparked into action by prime minister Narendra Modi's grand plan for India's manufacturing industry, the oil and gas industry has embarked on an era of deep-water exploration. To date, the Satellite field lying at 1,700m is where the main action is, but there's more on the way. In late April, BP and India's Reliance Industries sanctioned the second phase of development of this cluster of deep-water gas fields on the east coast. The first phase, the "R-Series" field, went ahead in mid-2017. When the third phase starts up, the result of a $6bn investment, the field is slated to deliver a total of about one billion cubic feet a day of gas by 2022. In another sign of confidence in deep-water Ind
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