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DEEPWATER BLOCKS
Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firmsBangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and les...24 May, 2026, 05.52 PM IST- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...14 May, 2026, 11.31 PM IST
- Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...12 May, 2026, 12.29 PM 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
- 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...02 May, 2026, 12.34 AM IST
- ONGC Videsh to get stake in Myanmar oil and gas blockDespite losing out in competitive bidding, ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp, may still get a st...08 Apr, 2014, 04.10 PM 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
- BG India signs production sharing contract for deepwater block in Mumbai basinBG India has signed a Production Sharing Contract (PSC) with the Government of India for a deep-water block MB-DWN-2010/1 in the Mumbai bas...10 Sep, 2012, 03.46 PM 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
- Govt clears NELP-7 bids; Cairn tripsThe Cabinet Committee on Economic Affairs (CCEA) has rejected provisional shortlisting of Cairn Energy India, as the winning bidder for the...21 Nov, 2008, 12.00 AM IST
- ONGC likely to strike oil in Cauvery deepwater blockState-run ONGC is close to striking black gold in its Cauvery basin deepwater block, with the first well drilled in the block expected to r...17 Sep, 2008, 12.00 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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