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OILFIELD EXPLORATION
‘It’s not like a lockdown is going to take place tomorrow’: Puri dismisses fears after PM Modi’s fuel-saving pushUnion Minister Hardeep Singh Puri reassured citizens that no lockdown-like restrictions are imminent despite Prime Minister Modi's call for...- Landman Season 3 update: Director confirms faster production as episodes are “Cut While Shooting” — Will it arrive earlier than expected in 2026?Landman Season 3 update: Season 3 of Landman is progressing quickly, with director Stephen Kay confirming that episodes are being edited du...
- Iran conflict exposes limits of energy transition, pushes world back to oil, gas and nuclearRecent global events, particularly the Iran conflict, have highlighted the continued reliance on hydrocarbons, pushing back EV targets and ...
- Lessons from Hormuz crisis: Vedanta’s Anil Agarwal shares how India can break the 88% crude dependency cycleRecent Strait of Hormuz tensions reveal India's deep dependence on imported oil. Vedanta Chairman Anil Agarwal stresses India is under-expl...
- Compensation for oil companies if changes in law shave off $5 mn in earnings a yearThe government is set to protect oil and gas explorers. New contracts will compensate them if laws reduce economic benefits. Adjustments to...
- Rajya Sabha passes bill to amend oilfields ActThe Rajya Sabha passes a bill amending the Oilfields Act of 1948, offering policy stability, international arbitration, and extended leases...
- Oilfields bill an important legislation: PM ModiPrime Minister Narendra Modi lauded the Oilfields (Regulation and Development) Amendment Bill, 2024, passed in the Rajya Sabha, as crucial ...
- Bill in Parliament to bring policy stability in oil & gasIntroduced in Rajya Sabha, the Oilfields (Regulation and Development) Amendment Bill, 2024, aims to ensure policy stability for oil and gas...
- Oil firms may get to operate fields for full economic lifeCompanies will not be required to seek renewal in future contracts, helping them plan their investments better. For the existing contracts,...
- Oilfield exploration bidding deadline extended to Dec 30The government had launched the eighth round under the Open Acreage Licensing Policy on July 7 and is hoping to attract more bidders by str...
- Oilfield contractors may soon get 35-year consolidated leaseThe current rules permit grant of petroleum exploration licence (PEL) for seven years in on land and shallow water areas and for eight year...
- Essar Oilfields bags Rs 32 crore order from ONGCUnder the one-year contract, Essar Oilfields "will be deploying the MR#11 land rig for the job, which is expected to commence in the next f...
- First round of oilfield auctions to end by March; award of blocks by JuneGovt has received 57 expressions of interest (EoIs) for the first round of auctions; DGH is on course to launch auction & award blocks.
- Essar Oilfields Services sees revenue rising to $48 millionA fully-owned subsidiary of Essar Shipping Ltd, Essar Oilfields owns and operates 15 land rigs and one offshore semi-submersible rig. The c...
- ONGC may withdraw staff from South Sudan as conflict worsensOfficials and industry executives said ONGC is considering the move as its Chinese partner CNPC has begun pulling out its workers from the ...
- ONGC to spend Rs 2,200 cr to step up output from Gujarat fieldsONGC Chairman and MD Sudhir Vasudeva and other members of the Board of Directors inspected the Ankleshwar oilfield yesterday.
- Oil India mulls diversification into city gas distribution businessOil India is chalking out an expansion and diversification strategy that could also include an entry into the city gas distribution space
- India unlikely to respond to Gaddafi request for oilmen to fill expat voidIndia's state-run explorers and refiners may have the technical capability to operate oilfields and refineries in Libya. But New Delhi is u...
- OIL to foray into consultancy servicesGovernment owned Oil India Limited is planning to foray into oilfield services consultancy business.
- Essar Shipping plans to merge with group cosESL has said it is exploring opportunities to reorganise and consolidate its business by merging itself with oilfield services and port/ter...
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