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DRILLING RIG
In 1859, Robert Chesebrough saw oil workers scraping sticky rod wax from drilling rigs, and it wasn’t just waste: It became VaselineA chemist named Robert Chesebrough discovered petroleum jelly in the 1800s. He saw value in a sticky wax that oil workers discarded. Cheseb...- Deep under China's coal basins, PetroChina is unlocking gas from rocksChina is unlocking a new energy frontier with coal rock gas extracted from deep within its coal basins. This ambitious multi-billion-dollar...
- ONGC rig pricing veto may tighten fuel tapIndia's offshore drilling sector is facing a significant challenge. Oil and Natural Gas Corporation (ONGC) has cancelled multiple tenders f...
- ONGC floats $20 billion global tender for deepwater rigsOil and Natural Gas Corporation plans a massive oil exploration program. The company will spend between $18 to $20 billion to hire deep-wat...
- ONGC in talks with domestic shipyards for two offshore rigsIndia's Oil and Natural Gas Corp (ONGC) is initiating discussions with domestic shipyards to construct two offshore jack-up drilling rigs, ...
- Drillmec India bags oil rig orders worth $1.5 billion from Oil India & ONGCThe US$ 1.57 Billion order book was achieved on the basis of orders from Oil India Ltd amounting to $ 143 million for five land based oil d...
- MEIL to deliver $860 million worth 47 oil & gas rigs to ONGC by 2022 endOut of 47 Rigs, there are 20 Workover Rigs-(used to perform workover operations in a well) and 27 Land Drilling Rigs.
- ONGC plans to buy 27 rigs for up to Rs 3,500 crState-run explorer looks at replacing nearly half of its ageing 67 onshore drilling rigs, floats tender seeking bids by November 14.
- CAG raps ONGC for Rs 8K crore loss due to poor rig managementCAG has rapped India's largest oil and gas producer ONGC for poor planning in hiring and use of drilling rigs that resulted in a loss of Rs...
- CAG hauls up ONGC for hiring a 2nd rig from RelianceCAG has hauled up state-owned explorer ONGC for hiring a drilling rig from Reliance Industries without bidding and for no pressing reason.
- RIL sublets sole drilling rig to Malaysia's PetronasReliance Industries has sublet the only deep-sea drilling rig it currently has to Malaysia's Petronas, leaving no rig deployed at any of it...
- Govt clears 3-yr drilling moratorium for oil explorersFaced with global shortage of offshore drilling rigs, the government decided to give a three-year drilling holiday or moratorium to firms s...
- Safety audit discovers loopholes in two ONGC rigsAn audit of ONGC's offshore jack up drilling rigs have revealed loopholes in safety measures in at least two of its drilling rigs, a senior...
- Oil Ministry moves Cabinet for drilling holidayFaced with a global shortage of offshore drilling rigs, the Petroleum Ministry has asked the Cabinet for a three-year drilling holiday or m...
- Reliance seeks 3-year drilling holiday as rig shortage biteReliance Industries has sought a three-year drilling holiday from exploring in nine deep-sea blocks it had won in NELP auctions, saying it ...
- Reliance seeks 3-year drilling holidayReliance Industries Ltd has sought a three year drilling holiday from exploring in nine deep sea blocks it had won in NELP auctions, saying...
- ONGC has largest fleet of drilling rigsONGC and Reliance Industries (RIL) are in talks to share exploration infrastructure in lucrative deep sea basins.
- ESIL to acquire oil drilling rigs in Oslo & USCyprus-based Essar Shipping & Logistics Ltd (ESLL) is all set to acquire of on-shore and offshore oil drilling rigs from two pubilcly liste...
- Essar Shipping to to invest 400 mn dollarsEssar Shipping and Logistics Ltd on Monday said it will invest $400 million for acquiring onshore and offshore oil drilling rigs.
- ONGC bets on term contracts for rigsPublic sector oil major ONGC could save close to a billion dollars over the next three years on charter of offshore drilling rigs, if the m...
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