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ONGC DEEPWATER DRILLING
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...- 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...
- 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...
- ONGC floats $20 billion global tender for deepwater rigsOil and Natural Gas Corporation plans a massive oil exploration program. The company will spend between $18 to $20 billion to hire deep-wat...
- Global companies offer ONGC deepsea drilling rigs for KG gas findONGC is investing $5.07 billion for developing Cluster-II discoveries in KG-D5 block to flow natural gas from from June 2019 and oil by Mar...
- CAG hauls up ONGC for hiring a 2nd rig from RelianceCAG has hauled up state-owned explorer ONGC for hiring a drilling rig from Reliance Industries without bidding and for no pressing reason.
- ONGC drills deepest oil well in KG basinState-owned Oil and Natural Gas Corp (ONGC) today said it has drilled the deepest well in search for oil and gas in the Krishna Godavari ba...
- ONGC upgrades rig hired from RIL at own costONGC had in July 2009 hired the rig Dhirubhai Deepwater KG-1 (earlier christened Deepwater Pacific-1) for four years at close to Rs 3,915 c...
- ONGC starts output from KG Basin blockONGC has started pumping oil from a deep-sea field in KG Basin, a senior company official told ET.
- RIL sublets sole drilling rig to Malaysia's PetronasReliance Industries has sublet the only deep-sea drilling rig it currently has to Malaysia's Petronas, leaving no rig deployed at any of it...
- 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.
- Statoil, Petrobras quit ONGC's KG gas blockNorwegian Statoil & Brazil's Petrobras quit ONGC KG basin gas block over delays in approving their participation.
- Jindal Drilling in talks to build deepwater rigJindal Drilling & Industries, part of the DP Jindal Group, is in discussions with Norwegian offshore services group Sevan Marine to form a ...
- Comptroller and Auditor General pulls up ONGC for fund wasteThe CAG has told the oil ministry, failure on the part of ONGC to drill the number of wells resulted in payment of Rs l24 crore penalty and...
- 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.
- 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...
- 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...
- Shortage hit oil cos share rigReliance, ONGC and Eni have mandated Rig Management Norway to contract a rig on their behalf.
- ONGC has largest fleet of drilling rigsONGC and Reliance Industries (RIL) are in talks to share exploration infrastructure in lucrative deep sea basins.
- 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.
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