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DEEPWATER GAS FIELD
Not just Andaman: After fresh gas finds, India expands oil and gas hunt along east coastIndia is intensifying efforts to discover new oil and gas reserves along its eastern offshore frontier by reprocessing decades-old seismic ...
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...
India working on Rs 40,000 crore subsea gas pipeline project to help mitigate risks brought to fore by Hormuz blockadeIndia subsea gas pipeline project: India is accelerating plans for a direct deep-sea gas pipeline from Oman, estimated at ₹40,000 crore, to...
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...
Government may cap ONGC new well gas amid distributor concernsThe government is considering a price cap on ONGC's 'new well gas' following a 58% surge to $12.91 per mmbtu, driven by city gas distributo...
India caps trading margin on resale of gas from deep sea fieldsThe federal government fixes the ceiling price of gas produced from the deepwater fields as the nation wants to increase the share of natur...
PM Modi opens onshore facilities of ONGC's U-field in KG blockThe project was dedicated to the nation along with the inauguration/foundation-stone laying of various other development projects worth ove...
RIL to auction 12 mmscmd gas from MJ Field“RIL’s deep-water field gas will come on stream this fiscal. We are planning to bid for the same when it comes for auction,” said the senio...
China's first solo-operated deepwater gas field starts productionShenhai-1, meaning deepsea, is expected to produce up to 3.39 billion cubic meters (bcm) of gas every year, or roughly 2% of China's total ...
Reliance-BP 'bubble' delivers two deep water gas fields despite massive COVID-19 challengeSince 2017, Reliance Industries Ltd along with its JV Partner bp had embarked on concurrent development of three deepwater fields in the Kr...
Reliance, BP begin production from second deepwater gas fieldRIL-BP’s ‘Satellite Cluster’ field has come onstream two months ahead of schedule despite Covid-19 challenges, the two companies said in a ...
Reliance pushes back KG-D6 production to September/OctoberThe company, along with its partner BP Plc of the UK, was initially targeting the start of production from the R-Series field in the Krishn...
D1/D3 gas field in Reliance's KG-D6 block shuts downD1/D3 field, in Block KG D6 (KG-DWN-98/3) located in the Bay of Bengal, was India's first deepwater gas field to be put on production in Ap...
Oil Ministry submits proposal on premium for difficult gas fieldsThe Oil Ministry has submitted a proposal to the Finance Ministry for paying a premium to natural gas producers for difficult fields, a top...
ONGC well in K-G block leaking gas; environment damage fearedA deepwater well in a Krishna Godavari basin block operated by state-run Oil and Natural Gas Corp (ONGC) has been leaking gas for two month...
- Team ONGC proves viability of 2.7tcf Mahanadi block
Oil & Natural Gas Corp (ONGC)-led consortium of state-owned energy firms has proved commercial viability of its Mahanadi gas find.
- ONGC to invest $4 bn in KG block
State-owned Oil & Natural Gas Corporation (ONGC) plans to invest $4 billion to develop the ultra-deepwater gas find and produce about two t...
- RIL to hire drilling rig for KG basin block
Reliance Industries, the country's most valuable company, will pay over 600 million dollars for hiring deep-sea drilling rigs for developin...