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India seeks to attract upstream capital with offshore reforms, deepwater drilling support

India has opened a large swath of previously inaccessible offshore basins as it seeks to attract investment in exploration and production, combining new acreage with economic incentives and support through the Samudra Manthan program, Neeraj Mittal, secretary at the Ministry of Petroleum and Natural Gas, said Oct. 13. The reforms are designed to address investment […]