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OIL AND GAS RIGS
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...- World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEAThe world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The Inter...
- Donald Trump is getting the Republican Party that he wants. But can he win in the midterms?President Trump's strong influence in Republican primaries presents a challenge for the party's upcoming midterm elections. Voters are repo...
- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- Russia approves law permitting drones to be shot down over oil and gas rigs in Caspian Sea, Ifx reportsRussia's second-largest oil producer Lukoil extracts oil at two major projects in the Caspian Sea - the Filanovsky and Korchagin fields, w...
- India crude oil production falls for 11th year, gas declines againIndia's crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing...
- ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid pricesState-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid patterns, suspecting collusive prac...
- ONGC rig pricing veto may tighten fuel tapIndia's offshore drilling sector is facing a significant challenge. Oil and Natural Gas Corporation (ONGC) has cancelled multiple tenders f...
- Vedanta Group's Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas outputCairn Oil & Gas, part of Vedanta Group, has invited global partners to participate in multiple projects under its $5 billion investment pla...
- ONGC's 'Sagar Samrat' starts oil, gas output in Arabian SeaSagar Samrat MOPU, which was commissioned on December 23 last year, will handle up to 20,000 barrels per day of crude oil, with a maximum e...
- MEIL to commission 15 oil and gas rigs for ONGC by MayMegha Engineering and Infrastructures Limited (MEIL), which has secured an order from ONGC Limited to supply 47 oil and gas rigs, expects c...
- MEIL to deliver $860 million worth 47 oil & gas rigs to ONGC by 2022 endOut of 47 Rigs, there are 20 Workover Rigs-(used to perform workover operations in a well) and 27 Land Drilling Rigs.
- Meil unveils indigenously made hydraulic rigs for oil, gas sectorThe rig deployed at Kalol oilfield has a capacity of 1,500 horsepower that can drill up to a depth of 4 km, said Meil vice-president P Raje...
- ONGC plans to buy 27 rigs for up to Rs 3,500 crState-run explorer looks at replacing nearly half of its ageing 67 onshore drilling rigs, floats tender seeking bids by November 14.
- Essar Oilfield Services eyes 20% jump in revenues next fiscalThe company, which owns 16 rigs used for drilling of oil and gas, is expected to end the current fiscal with a revenue of Rs 300 crore, up ...
- Dynamic Offshore Drilling to deploy rig for ONGC from next mthDynamic Offshore Drilling will deploy a newly built exploration rig in the Western offshore part of India for drilling oil and gas wells fo...
- BHEL receives orders worth Rs 900 crore from ONGCBharat Heavy Electrical Limited (BHEL) has received orders worth Rs 900 crore from Oil and Natural Gas Commission (ONGC) to supply six on-s...
- Texas firms expanding sale, manpower from export to IndiaWhen businesses in the US are facing liquidity crisis, two small companies from Texas are not only recruiting people but also expanding sal...
- 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.
- New cos explore opportunities in buoyant oil and gasA clutch of new firms are exploring opportunities in the buoyant oil and gas sector, even as the giants increase their drills on-shore and ...
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