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OIL DRILLING FIRMS
Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coastIndia is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...
Buy, Sell or Hold: Morgan Stanley maintains Equal-Weight on Pine Labs; retains buy on ONGCMorgan Stanley maintains a constructive outlook on select Indian largecap stocks in defence, energy, and fintech, citing strong growth pros...
The green strategic partnership: India and Norway chart a sustainable futurePrime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...
Trump-Xi summit: What to expect as US-China ties, Trade, Taiwan and Iran on the agendaTrump-Xi summit: As Presidents Xi Jinping and Donald Trump are gearing up for an important summit, the current stable diplomatic landscape ...
Trump is seriously considering making Venezuela the 51st state, and leaders worldwide are completely lost for wordsTrump's declaration that he is seriously considering making Venezuela the 51st US state has sent shockwaves through global diplomacy and en...
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...
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...
US manufacturing output dips in MarchIn March, American factories faced a surprising downturn after two months of robust growth, primarily fueled by declines in motor vehicle m...
Oil India ramps up crude production from Rajasthan's Thar desertOil India Ltd: The state-run company has increased production by around 70 per cent compared to last year's 705 barrels per day, marking a ...
Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spillThe Trump administration is merging two agencies that were split after the 2010 Gulf oil spill. This move aims to boost efficiency and expe...
Bad news for PM Imran Khan, no oil & gas reserves found off Pakistan shoreThe drilling work at Kekra-1 well in deep sea near Karachi has been stopped after no oil or gas reservoir could be found, according to Spec...
- OVL in talks to sell stake in Cuban blocks to Eni, Total
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking at selling 50 per cent stake in its Cuban offs...
Oil drilling firms such as RIL, ONGC, SGPC face sea of troubles in KG BasinONGC's GS-15 field in the KG Basin is producing barely 0.19 mmscmd of gas and 9,400 barrels of crude oil per day.ONGC was slated to start p...
- DGH rejects RIL plea on geological complexity of KG-D6 reservoir
DGH has rejected Reliance Industries' plea that geological complexities are hindering drilling new wells on KG-D6 gas fields.
- Govt clears 3-yr drilling moratorium for oil explorers
Faced with global shortage of offshore drilling rigs, the government decided to give a three-year drilling holiday or moratorium to firms s...
- Govt may soon give way to 3-yr drilling holiday
Faced with a global shortage of offshore drilling rigs, the government may this month decide on giving a three-year drilling holiday or mor...
- Jindal Drilling in talks to build deepwater rig
Jindal Drilling & Industries, part of the DP Jindal Group, is in discussions with Norwegian offshore services group Sevan Marine to form a ...
- Oil Ministry moves Cabinet for drilling holiday
Faced with a global shortage of offshore drilling rigs, the Petroleum Ministry has asked the Cabinet for a three-year drilling holiday or m...
- ONGC seeks rig from global oil firms for KG block work
ONGC 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.
- Essar Shipping to to invest 400 mn dollars
Essar Shipping and Logistics Ltd on Monday said it will invest $400 million for acquiring onshore and offshore oil drilling rigs.