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ONGC DEEPWATER EXPLORATION
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...27 May, 2026, 05.24 PM IST- Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...24 May, 2026, 05.52 PM IST
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...02 May, 2026, 12.34 AM IST
- Drill India drill: Iran war triggers India’s boldest hunt for oilThe Iran war has pushed countries to prioritise energy self-reliance, with India accelerating an already underway shift toward boosting dom...25 Mar, 2026, 02.19 PM IST
- ONGC makes back-to-back gas discoveries in Mahanadi basin blockONGC has made significant natural gas discoveries in the Mahanadi basin, yielding results in its high-risk deep water exploration. The disc...14 Jan, 2024, 03.13 PM IST
- ONGC Videsh buys Petrobras' 12% stake in Brazil oil fieldONGC has completed acquisition of an additional 12 per cent stake in a Brazilian oilfield for $561 million after blocking a Chinese entry.01 Jan, 2014, 05.12 AM IST
- ONGC hires deepwater rig from Vantage for $1 bnThe rig has been newly built at Daewoo Shipbuilding and Marine Engineering's Okpo shipyard in Korea.30 Dec, 2010, 07.43 PM IST
- Petrobras to pick 40% in ONGC’s Mahanadi deepwater gas blockBrazilian oil major Petrobras is picking up a 40% stake in a Mahanadi deepwater block where ONGC has recently made another gas discovery. O...03 Mar, 2008, 12.01 AM IST
- BG eyes 30% in ONGC's KG blockBritish oil major British Gas is all set to pick up a 30% stake in ONGC’s KG basin block (KG-DWN-98/4) and 25% in Mahanadi basin block (MN-...02 Feb, 2008, 03.13 AM IST
- Rig shortage may get oil cos tax holidayThe government is considering a three-year rig exploration holiday for oil companies digging for hydrocarbons in the country.11 Jan, 2008, 01.24 AM IST
- ONGC seeks rig from global oil firms for KG block workONGC is in talks with global oil firms StatOil, Norway’s Norsk Hydro among others, to secure an ultra deepwater rig for drilling well UD-1.14 Dec, 2007, 12.18 AM IST
- RIL gets Transocean rig for $935 mn, to form JVReliance Industries (RIL) will hire a ultra-deepwater drillship ‘Deepwater Pacific 1’ from the world’s largest offshore drilling contractor...03 Nov, 2007, 04.34 AM IST
- Reliance, ONGC in race to hire Transocean drillshipsUpstream companies Reliance Industries (RIL) and Oil and Natural Gas Corporation (ONGC) are in a race to hire drillships from Transocean, t...11 Oct, 2007, 03.14 AM IST
- Norsk Hydro to take 10 pc in ONGC gas fieldNorway's Norsk Hydro agrees to take a stake in ONGC's gas discovery block off the east coast.03 Jul, 2007, 08.08 PM IST
- ONGC in pact with Italy's ENI for Congo oil stakeOil and Natural Gas Corp (ONGC) will on Wednesday sign agreements with ENI to take 20-25 per cent stake in a Congo oil block.12 Feb, 2007, 07.30 PM IST
- ONGC has largest fleet of drilling rigsONGC and Reliance Industries (RIL) are in talks to share exploration infrastructure in lucrative deep sea basins.02 Jan, 2007, 01.49 AM IST
- Oil cos draw plans to share rigsDue to shortage of oil rigs, RIL is in talks with ONGC on sharing of infrastructure in deep-sea basins.02 Jan, 2007, 01.00 AM IST
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