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ONGC Starts First Oil Production from Deepwater KG-DWN-98/2 Block.

National | Dated: 07 Jan 2026

The Oil and Natural Gas Corporation (ONGC) has commenced the "First Oil" production from its flagship deepwater project KG-DWN-98/2 in the Krishna Godavari basin, off the coast of Bay of Bengal. This marks a significant milestone in India's energy security, as the project is expected to contribute 7% to India's total oil production and 7% to its gas production at peak levels.

🎯 Key Highlights:

  • The project faced delays due to technical challenges and the COVID-19 pandemic but is now fully operational.
  • It involves a Floating Production, Storage, and Offloading (FPSO) vessel named "Armada Sterling V".
  • This is one of the most technologically complex projects executed by ONGC in ultra-deep waters.

💡 Other Important Facts:

  • Project: KG-DWN-98/2.
  • Location: Bay of Bengal (KG Basin).
  • Significance: Deepwater Oil Production.

📚 Test Your Knowledge:

From which basin did ONGC recently commence its "First Oil" production using a deepwater project?

Correct Answer: Krishna Godavari Basin

🚀 Quick Recap:

About ONGC

  • Chairman – Arun Kumar Singh
  • HQ – New Delhi