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JACK UP RIGS
India crude oil production falls for 11th year, gas declines againIndia's crude oil and natural gas production continued to decline in 2025-26 due to ageing fields and a lack of new discoveries, increasing...- ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid pricesState-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid patterns, suspecting collusive prac...
- 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 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, ...
- Global rigs shortage delays Indian oil and gas exploration projectsIndian explorers are finding it hard to source rigs, especially jack-up rigs, for their projects, as high oil prices have pushed up explora...
- Aban Offshore wins Rs 955 crore contract for jack-up rig in MexicoOffshore oil drilling rig contractor Aban Offshore Ltd said it has won a contract for deploying jack-up rig Deep Driller 1.
- Dynamic Offshore Drilling to deploy rig for ONGC from next mthDynamic Offshore Drilling will deploy a newly built exploration rig in the Western offshore part of India for drilling oil and gas wells fo...
- Bharati Shipyard launches deepwater rigPrivate shipbuilder Bharati Shipyard today announced launch of a jack-up rig for oil drilling built at its facility in the coastal Konkan b...
- Western India Shipyard bags Rs 60 cr order from Aban OffshoreWestern India Shipyard has bagged an order worth Rs 60 crore for repair of Aban-II jack-up oil rig from Aban Offshore.
- Great Offshores jack up rig starts 5-year contract with ONGCGreat Offshore Ltd today said its 300-feet jack up rig `Kedarnath' has commenced a five-year contract with Oil and Natural Gas Corporation ...
- 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...
- Aban Offshore bags contract worth $159 mn from Brunel ShellOffshore drilling and oil field services provider Aban Offshore today said it has bagged a contract valued at $159 million (about Rs 716 cr...
- Aban Offshore secures Rs 3,371 crore orders; stock surgesShares of Aban Offshore attracted investor interest after the oil exploration services provider secured two deals worth Rs 3,371 crore for ...
- Essar Oilfield to procure two jack-up rigs for $440 mnEssar Group company, Essar Oilfield Services (EOSL) plans to procure two jack-up rigs for $440-million, a top company official said.
- Shipping cos hit as demand for shallow water rigs declineA sharp fall in demand for the shallow water rigs has badly hit companies engaged in offshore service business, which was already down with...
- Jindal Drilling in talks to build deepwater rigJindal Drilling & Industries, part of the DP Jindal Group, is in discussions with Norwegian offshore services group Sevan Marine to form a ...
- Mercator Lines in jack-up rig pushMercator Lines (MLL), the private shipping company, is planning to acquire a jack-up rig with an investment of Rs 1,500 crore.
- Great Offshore close to acquiring PetroJack of NorwayThe Vijay Sheth-promoted Great Offshore (GOL) is believed to be taking over Norwegian offshore company.
- Aban Offshore bags over Rs 323 cr contractAban Offshore on Thursday said it has received a Rs 323.74 crore contract from a leading exploration and production firm in South Asia for ...
- Soaring charter rates force oil exploration giants to buy rigsIndia’s hunt for new energy sources has hit an unforeseen obstacle: dearth of operational rigs.
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