The company's board has approved a 28.29 billion Indian rupee ($432.37 million) plan to boost oil and gas production at the GK-28/42 field, it said on Thursday.
The redevelopment project calls for the drilling of 14 new wells and 13 sidetracks, as well as the installation of facilities.
Those facilities include one process platform, two well-head platforms and three clamp-on facilities for wells on existing platforms, as well as associated pipelines, modifications and other operations.
Installation