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DEEPWATER DRILLING SUPPORT
India opens special deepwater oil, gas bidding round, offers to fund up to 50% of well costsIndia is launching a special licensing round for deepwater and ultra-deepwater oil and gas blocks under its ₹84,084 crore Samudra Manthan o...- Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...
- OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDAIn a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at ...
- Government extends deepwater drilling support to previously awarded blocksThe Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued gu...
- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- Gas found near Odisha coast: ONGC strikes Mahanadi deepwater well under Samudra Manthan, finds encouraging flow at 1,450 metresGas found near Odisha coast: ONGC has discovered gas in a deepwater exploration well in the Mahanadi Offshore Basin, around 43 km from Kona...
- OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
- ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
- Govt plans to start recovery 7 years after deepwater explorers begin productionThe government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...
- 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-...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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...
- India will churn for a strategic amrit with Mission Samudra ManthanIndia is launching Mission Samudra Manthan, a deepwater exploration drive, and expanding strategic petroleum reserves to bolster energy sec...
- ‘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...
- China commissions deepwater multifunctional shipA multifunctional deepwater built for a 3,000-meter deepwater jumbo oil drilling platform has been commissioned in China's eastern Jiangsu ...
- ONGC hires deepwater rig from Vantage for $1 bnThe rig has been newly built at Daewoo Shipbuilding and Marine Engineering's Okpo shipyard in Korea.
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