Cabinet approves 'Samudra Manthan' (National Offshore Exploration Scheme) with an outlay of Rs.84,084 crore

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the ‘Samudra Manthan’ – National Offshore Exploration Scheme – a Central Sector Scheme of the Ministry of Petroleum & Natural Gas with an outlay of Rs 84,084 crore for implementation up to FY 2030‑31. The scheme, derived from the Prime Minister’s Independence Day 2025 vision, aims to unlock offshore energy potential through large‑scale seismic data acquisition, deep‑water and ultra‑deep‑water drilling, scientific drilling, common offshore production infrastructure, and an integrated Oil & Gas Manufacturing and Services Zone. It also includes digital programme management, capacity‑building, technology adoption, stakeholder engagement and international outreach, with the objective of enhancing energy security, domestic production, indigenous manufacturing and employment.