'Drill, Baby, Drill': India to fund Rs 650 crore per well for 60 deepsea wells to break its oil import habitOfficials said private companies have largely shied away from risk exploration because the investment has to be written-off if no commercially viable hydrocarbon discovery is made.
'Drill, Baby, Drill': India to fund Rs 650 crore per well for 60 deepsea wells to break its oil import habit
Officials said private companies have largely shied away from risk exploration because the investment has to be written-off if no commercially viable hydrocarbon discovery is made.