Oil India advances deepwater exploration and biofuel innovation
In an exclusive studio interview with Energy Connects at India Energy Week 2026, Dr Ranjit Rath, Chairman and Managing Director of Oil India Limited (OIL), discusses the company’s expanding offshore exploration across the Mahanadi, Krishna-Godavari, Andaman-Nicobar and Kerala-Konkan basins, marking a new chapter in India’s energy security journey. He highlights the progress in deep and ultra-deepwater drilling, record production milestones, and the extensive seismic and modelling work underpinning future discoveries. The conversation also explores Oil India’s diversification into bamboo-based 2G bioethanol and critical minerals such as graphite, vanadium and lithium. Dr Rath outlines how these initiatives complement conventional exploration efforts, positioning the company at the centre of India’s long-term energy resilience strategy.
