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DEEPWATER BLOCKS
ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...10 Aug, 2026, 05.16 PM IST- Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...02 Aug, 2026, 03.08 PM IST
- A deep dive with Rs 84,084 crore scheme for offshore oil and gas explorationThe Cabinet approved an ₹84,084-crore scheme for offshore oil and gas exploration. This National Offshore Exploration Scheme, Samudra Manth...01 Aug, 2026, 01.27 AM IST
- Union Cabinet approves Samudra Manthan scheme, Rs 84,084 crore push for deepwater oil and gas explorationThe Union Cabinet has approved the Samudra Manthan mission with a financial outlay of Rs 84,084 crore, aimed at boosting deepwater and ultr...31 Jul, 2026, 07.24 PM IST
- Govt plans Rs 80,000 crore package to attract deepwater oil explorersIndia plans an Rs 80,000-crore incentive package for deepwater oil exploration. The government will fund up to half the cost of drilling ex...28 Jul, 2026, 05.30 AM IST
- Quote of the day by Mark Wahlberg: 'Women don’t get the...' Life lessons from inspiring quote on hard work, strength, respect, protection, self-worth, internal validation and resilienceQuote of the day by Mark Wahlberg reminds people that women often do important work without receiving equal recognition. The statement high...25 Jul, 2026, 01.34 AM IST
- Reliance-BP’s KG-D6 gas output falls 7% in June quarter as natural decline continuesNatural gas output from the KG-D6 fields operated by Reliance and BP has seen a year-on-year decline of approximately seven percent, with t...19 Jul, 2026, 10.41 AM IST
- India extends bidding deadline for deepwater oil and gas blocks for sixth timeIndia has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to Septemb...23 Jun, 2026, 01.03 AM IST
- India cuts royalty burden on oil and gas producers in push for domestic outputIndia's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration an...12 May, 2026, 07.52 AM IST
- ONGC, RIL may use surplus KG-D6 equipment for other deepwater wellsONGC & RIL may use surplus infrastructure at the KG-D6 block for their deepwater discoveries in nearby blocks.11 Sep, 2012, 06.29 AM IST
- Team ONGC proves viability of 2.7tcf Mahanadi blockOil & Natural Gas Corp (ONGC)-led consortium of state-owned energy firms has proved commercial viability of its Mahanadi gas find.05 Aug, 2010, 03.07 AM IST
- New players save the NELP-VII showThe seventh round of bidding under the new exploration licensing policy (NELP) has been a near flop.01 Jul, 2008, 02.42 AM IST
- RIL looks to Shell, BP to bid for new oil blocksRIL may finalise one of these global majors as its strategic partner for exploration blocks in the seventh round of bidding under NELP. Rea...28 Jun, 2008, 03.47 AM IST
- Petrobras to pick 40% in ONGC’s Mahanadi deepwater gas blockBrazilian oil major Petrobras is picking up a 40% stake in a Mahanadi deepwater block where ONGC has recently made another gas discovery. O...03 Mar, 2008, 12.01 AM IST
- Oil firms may need foreign buoys to take Nelp-VIIDomestic oilcos that would bid for blocks in the seventh round of new exploration licensing policy (Nelp-VII) may fail to qualify on their ...31 Oct, 2007, 02.14 AM IST
- RIL may get 5-yr extension for Kerala-Konkan explorationReliance Industries (RIL) may get additional five years for exploring oil and gas in a deepwater block in the Kerala-Konkan (KK) basin.11 Jun, 2007, 12.23 AM IST
- Govt denies deepwater exploration for novicesTHIS could turn out to be a party pooper for aspirants of deepwater exploration blocks.13 Sep, 2006, 01.11 AM IST
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