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MUMBAI BASIN
After Mumbai High, ONGC brings in BP in other western offshore oil, gas fieldsIn a strategic alliance, ONGC has teamed up with BP to enhance the extraction of oil and gas from its aging offshore fields in the west. Th...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
ONGC makes promising oil, gas discoveries in Mumbai offshoreOil and Natural Gas Corporation has announced significant oil and gas discoveries in the Mumbai Offshore basin. These finds, named Suryaman...
Natural gas production to rise by a third if output locked in ONGC, OIL fields opens upIndia currently produces about 90 million standard cubic meters per day (mmscmd) of natural gas and has ambitious plans to double output by...
ONGC finds oil, gas reserves in Madhya Pradesh, West Bengal to open 2 new basins in IndiaONGC had previously opened six out of India's seven producing basins for commercial production. It is in the process of adding the eighth b...
OVL's dollar bond issue gets low investment grade ratings"The restriction of a guarantee to a finite amount is driven by regulations in India, which do not allow open-ended guarantees for obligati...
KG Basin to attract Rs 1 lakh crore investment in coming years: Dharmendra PradhanPradhan added that although 'gas hydrates' have been found in the KG Basin, there is a need for commercially viable technology to tap the r...
Government deliberate over ways to convert sea water for drinkingThe state government would bring out a technical project report on converting saline sea water into soft drinkable water for Mumbai.
BG Group-BHP Billiton sign pact with government for oil exploration in Mumbai basinBG and Australian company BHP Billiton have signed a contract with the government to explore a deepwater block in the Mumbai basin.
- BG India signs production sharing contract for deepwater block in Mumbai basin
BG India has signed a Production Sharing Contract (PSC) with the Government of India for a deep-water block MB-DWN-2010/1 in the Mumbai bas...
- CCEA approves award of 5 oil & gas blocks
CCEA today approved award of five more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing P...
- Cabinet Committee on Economic Affairs may consider awarding 8 blocks under NELP-9 tomorrow
CCEA is likely to consider tomorrow awarding eight more oil and gas blocks that were offered in the ninth round of bidding under NELP.
ONGC's discovery near Mumbai High may raise output by 25,000 bpd"ONGC has found over 140 metres thick column while drilling development wells at the D-1 field," a source said.
- ONGC targets 55m units of gas by 2016; hopes to finalise equity deal by month end
The country's largest state-run energy explorer Oil & Natural Gas Corporation (ONGC) is betting big on its gas acreages in the Krishna-Goda...
- Govt clears NELP-7 bids; Cairn trips
The Cabinet Committee on Economic Affairs (CCEA) has rejected provisional shortlisting of Cairn Energy India, as the winning bidder for the...
- Bidding for NELP VII set to kick off on Nov 5
The government is all set to announce the seventh bidding round for exploring about 75-85 oil and gas blocks under the New Exploration Lice...
- ONGC stops gas production at Mumbai basins
Production at India's largest gas fields Bassein and Panna/Mukta and Tapti in Mumbai offshore has been stopped, following flooding of Oil a...