SPG-India 2025: Petroleum Secretary calls for bold, time-bound exploration for India's energy self-reliance
Jaipur (Rajasthan) [India], October 26 (ANI): Petroleum and Natural Gas Secretary Pankaj Jain on Sunday called for bold, time-bound exploration strategies aligned with the National Deepwater Mission, emphasising urgency, innovation, and national responsibility in realising India's energy self-reliance, or Atmanirbharta.
Delivering the keynote at the 15th Biennial International Conference and Exposition of the Society of Petroleum Geophysicists (SPG-India) 2025, themed "Rock to Cloud: GeoExploration Empowering Energy Evolution in Jaipur, the Secretary urged the stakeholders to combine scientific rigour with commercial vision, noting that India can no longer afford incremental progress.
"We do not have the luxury we used to have a hundred years ago or 150 years ago," added Secretary Pankaj Jain.
On August 15, from the ramparts of the Red Fort this year, Prime Minister Narendra Modi had said, "To make the country developed, we are now moving towards 'Samudra Manthan' (churning of the ocean). Taking forward our Samudra Manthan, we want to work in a mission mode towards finding oil reserves, gas reserves under the sea and hence India is going to start the National Deep Water Exploration Mission. This is our important announcement to become energy independent."
CMD, Oil India, Ranjit Rath underscored that India has emerged as one of the most promising destinations for exploration, supported by progressive reforms such as the Open Acreage Licensing Policy (OALP), Hydrocarbon Exploration and Licensing Policy (HELP), and the Offshore Bidding Rounds.
Director (Exploration), ONGC, and Patron, SPG - India, O.P. Sinha highlighted the significance of the "Rock to Cloud" theme as emblematic of India's shift toward data-driven, technology-intensive exploration. He emphasised the need for collaboration between academia, industry, and government to accelerate discoveries and leverage India's vast sedimentary basins.
The SPG 2025 Exposition, showcasing cutting-edge technologies and solutions from global leaders in geoscience and energy exploration, was inaugurated by Chairman and CEO, ONGC and Chief Patron, SPG-India, Arun Kumar Singh, in the presence of CMD, Oil India Ltd., Dr. Ranjit Rath.
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