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Adani Welspun Exploration discovers gas in Tapti-Daman sector of Mumbai offshore

Adani Welspun Exploration, a joint venture between the Adani Group and Welspun Enterprises, announced its first ever gas discovery in the NELP-VII block MB-OSN2005/2. AWEL holds 100% participative interest (PI) and is the Operator of this Block. Spread across 714.6 sq.km., the block is located in the prolific gas-prone Tapti-Daman Sector of Mumbai Offshore basin where production is already underway by another operator / other operators.
The pay zones and flow rates encountered have exceeded the company s initial estimates. With the information gleaned from adjoining fields/areas, this discovery is of substantial significance for both the Company and the Nation.
AWEL was awarded the block under the New Exploration Licensing Policy VII bid round. ....

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Market declines for 2nd day, Nifty ends below 15,000 mark

Market declines for 2nd day, Nifty ends below 15,000 mark
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Sensex tanks 930 pts; February WPI inflation at 4.17%

Read more about Sensex tanks 930 pts; February WPI inflation at 4.17% on Business Standard. The equity barometers witnessed intense sell off during early afternoon trade. The Nifty breached the 14,800 mark as it hit a fresh intraday low. Banks, financials and auto stocks tumbled. Rising domestic inflation and increase in COVID-19 cases ....

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Indices decline for second trading day

Indices decline for second trading day
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Joint Venture Of Adani Group And Welspun Enterprises Ltd Discovered Natural Gas Reserves In An Area Off The Mumbai Coast - सफलता: मुंबई ऑफशोर के ताप्ती-दमण सेक्टर में अडाणी वेलस्पन ने की गैस की खोज

Joint Venture Of Adani Group And Welspun Enterprises Ltd Discovered Natural Gas Reserves In An Area Off The Mumbai Coast - सफलता: मुंबई ऑफशोर के ताप्ती-दमण सेक्टर में अडाणी वेलस्पन ने की गैस की खोज
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