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DEEPWATER CAPABILITIES
ONGC explores drillship acquisition/JV for deepwater capacity under Samudra ManthanONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-...
In 1942, the tanker SS Gulfoil was torpedoed in the Gulf of Mexico; nearly 70 years later, NOAA found its wreck covered in Lophelia coralThe SS Gulfoil, a World War II tanker, has transformed into a stunning coral reef over the years. After resting on the seabed for decades, ...
India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
GRSE bags Rs 1,032 crore contract from ONGC to build four offshore support vesselsGarden Reach Shipbuilders secured a significant Rs 1,032 crore contract from ONGC. This agreement involves the construction of four advance...
ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan MissionONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initi...
India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
ONGC starts drilling first deepwater well in Mahanadi basin under Samudra Manthan missionONGC began drilling its first deepwater exploratory well in the Mahanadi offshore basin. This ambitious campaign aims to tap India's vast h...
Adani Group is jumping into Europe's deep waters. What can happenAdani Ports is making a significant leap beyond traditional port operations, venturing into Europe's complex offshore and subsea market. Th...
Adani Ports bets Rs 13,000 crore by FY31 for Europe subsea expansionAdani Ports is expanding its marine services into Europe. Its platform Astro Offshore has partnered with Oceaneering International. This mo...
ONGC and RIL agree to share resourcesState-run ONGC and Reliance Industries have agreed to share resources for upstream offshore operations in India's eastern offshore, includi...
‘Samudra Manthan’: What's India’s National Deep Water Exploration Mission and how offshore oil and gas can cut India’s import dependenceIndia has launched the National Deep Water Exploration Mission to boost domestic oil and gas production and reduce its heavy reliance on im...
CAG hauls up ONGC for hiring RIL drilling rig without biddingCAG has hauled up state-owned oil explorer ONGC for hiring a deep-sea drilling rig from Reliance Industries without calling for competitive...
- RIL sublets sole drilling rig to Malaysia's Petronas
Reliance Industries has sublet the only deep-sea drilling rig it currently has to Malaysia's Petronas, leaving no rig deployed at any of it...
- US invites India for international meet on off shore drilling
The US has invited India along with more than a dozen other countries for an international meeting on offshore drilling and blowout contain...
- RIL leases ultra-deepwater drillship for exploration
Reliance Industries has leased a brand new ultra-deepwater drillship to boost its eastern offshore exploration campaign.
- 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 ...
- JSW Infra to invest Rs 2,000 cr in Bengal deepwater port
JSW Infrastructure, part of Sajjan Jindal's JSW group, is keen to invest over Rs 2,000 crore in a deepwater port in West Bengal.
- Nelp-VII makes special offer for small investors
The government is expecting to attract $3.5 billion investments in oil and gas exploration under the seventh round of new exploration licen...
- Oil firms may need foreign buoys to take Nelp-VII
Domestic oilcos that would bid for blocks in the seventh round of new exploration licensing policy (Nelp-VII) may fail to qualify on their ...
- Sical Logistics' Singapore subsi buys PSV
Sical Logistics Ltd has said its Singapore-based wholly-owned subsidiary has acquired a platform supply vessel (PSV) for Rs 141.67 cr.