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DEEPWATER EXPLORATION
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...- Gulf states seen splurging on debt to build new Hormuz bypassesPersian Gulf nations are preparing to raise more debt to fund ports, pipelines and transport links that reduce reliance on the Strait of Ho...
- US Stock Market: Tesla-SpaceX merger speculation grows after Musk leaves door openSpeculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combining his companies during an earnings...
- India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...
- 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...
- 'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
- India-Oman CEPA to strengthen energy security, trade resilience and export growth: ReportIndia and Oman's Comprehensive Economic Partnership Agreement begins June 1, 2026. This pact will significantly boost trade and energy secu...
- ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...
- 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...
- 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...
- 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...
- 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...
- 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...
- ‘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...
- India to tap deepwater reserves for self-reliancePrime Minister Modi announced India's plan to launch a deepwater exploration mission, aiming to boost domestic oil and gas production and r...
- India set to launch national deepwater exploration mission: PM ModiPrime Minister Modi announced India's plan to launch a deepwater exploration mission, aiming to boost domestic oil and gas production and r...
- Cairn Oil & Gas signs pact with TechnipFMC for deepwater explorationCairn Oil & Gas has entered a strategic alliance with TechnipFMC to expedite the delivery of integrated subsea infrastructure for deepwater...
- Deepwater exploration tempting: Wood Mackenzie"There is alignment and agreement from the PM's (India) office down to the regulator that more offshore exploration is needed," a report sa...
- 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...
- Govt denies deepwater exploration for novicesTHIS could turn out to be a party pooper for aspirants of deepwater exploration blocks.
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