Adani Welspun Exploration Limited Is In Plan For Offshore Oil & Gas Development And Production From Discovered Small Field Of B-9 Cluster Offshore Fields At Mumbai Offshore Basin In Maharashtra.
Adani Welspun Exploration Limited
Adani Welspun Exploration Limited (AWEL) Is A Joint Venture E&P Company Formed By Two India Based Multinational Business Conglomerates Adani Group Based Out Of Ahmedabad And Welspun Group Based Out Of Mumbai, To Undertake Upstream Oil & Gas Business With 65% And 35% Shares Respectively. AWEL Plans To Develop The B-9 Cluster Field By Drilling Wells And Installing Offshore Facilities To Produce Natural Gas And Crude Oil. The B-9 Cluster Comprises Three DSF Offshore Fields Namely B-9, B-7 (Gas Fields) And BRC (Oil Field). The Project Envisages Development Drilling And Installation Of Well-Head Platforms And Sub-Sea Pipelines In The Mumbai Offshore Basin.
INR 1600 Crore /-
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