New Delhi, July 29 -- India is witnessing a renewed surge in oil and gas exploration, particularly in offshore regions, underscoring the country's vast untapped hydrocarbon potential, Petroleum Minister Hardeep Singh Puri told the Parliament on Tuesday.

Puri in Rajya Sabha stated that the opening of nearly one million square kilometres of erstwhile 'No-Go' offshore areas in 2022 has been a landmark development. This move has unlocked significant exploration frontiers, especially in deepwater and frontier regions such as the Andaman-Nicobar (AN) offshore basin, and has been instrumental in triggering the current momentum in offshore activity, the Minister stated, according to the Ministry of Petroleum & Natural Gas.

Since 2015, Explorati...