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...
25 Mar, 2026, 12.33 AM IST
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, ...
27 Nov, 2024, 11.47 PM IST
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...
17 Aug, 2022, 03.00 PM IST
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.
26 Aug, 2021, 05.28 PM IST
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.
10 Oct, 2018, 11.21 PM IST
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...
09 Dec, 2015, 02.28 PM IST
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.
08 Aug, 2013, 05.44 PM IST
- 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...
25 Aug, 2011, 02.36 PM IST
- Govt clears 3-yr drilling moratorium for oil explorers
Faced with global shortage of offshore drilling rigs, the government decided to give a three-year drilling holiday or moratorium to firms s...
08 Jul, 2010, 01.31 PM IST
- Safety audit discovers loopholes in two ONGC rigs
An 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...
27 Jun, 2010, 08.12 PM IST
- Oil Ministry moves Cabinet for drilling holiday
Faced with a global shortage of offshore drilling rigs, the Petroleum Ministry has asked the Cabinet for a three-year drilling holiday or m...
11 Aug, 2008, 03.11 PM IST
- Reliance seeks 3-year drilling holiday as rig shortage bite
Reliance Industries has sought a three-year drilling holiday from exploring in nine deep-sea blocks it had won in NELP auctions, saying it ...
09 Oct, 2007, 05.04 AM IST
- Reliance seeks 3-year drilling holiday
Reliance Industries Ltd has sought a three year drilling holiday from exploring in nine deep sea blocks it had won in NELP auctions, saying...
08 Oct, 2007, 03.15 PM IST
- ONGC has largest fleet of drilling rigs
ONGC and Reliance Industries (RIL) are in talks to share exploration infrastructure in lucrative deep sea basins.
02 Jan, 2007, 01.49 AM IST
- ESIL to acquire oil drilling rigs in Oslo & US
Cyprus-based Essar Shipping & Logistics Ltd (ESLL) is all set to acquire of on-shore and offshore oil drilling rigs from two pubilcly liste...
18 Dec, 2006, 06.30 PM IST
- Essar Shipping to to invest 400 mn dollars
Essar Shipping and Logistics Ltd on Monday said it will invest $400 million for acquiring onshore and offshore oil drilling rigs.
18 Dec, 2006, 01.10 PM IST
- ONGC bets on term contracts for rigs
Public 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...
06 Sep, 2006, 12.00 AM IST