Report summaryIndia's upstream sector growth has slowed in recent years due to regulatory and bureaucratic hurdles. Historically, development has been focused on the western onshore and shallow water offshore areas by state-owned ONGC. In the past decade, the deepwater Krishna Godavari Basin off the east coast gained in importance as Reliance, ONGC and GSPC made numerous gas discoveries. The gas growth story, however, looks to have been short-lived. Falling production from Reliance's D6 block ...
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