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MAHANADI BASIN GAS
Gas hunt: RIL, ONGC, BP may share $1-billion infra facilityThe shared infrastructure, under the $1-billion plan, model aims to reduce development costs, eliminate standalone facilities for smaller d...
Forget solar and wind: India bets on heat buried deep underground for round-the-clock clean electricity; here's the big planIndia is stepping up efforts to tap its estimated 10.6 GW geothermal energy potential, with its first two geothermal wells commissioned in ...
Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...
Government extends deepwater drilling support to previously awarded blocksThe Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued gu...
Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
Stocks in news: ONGC, Lloyds Metals, Canara Bank, Rays of Belief and GRSEIndian stock markets closed higher on Monday, with the Nifty 50 and BSE Sensex gaining points. Several companies, including ONGC and Canara...
Gas found near Odisha coast: ONGC strikes Mahanadi deepwater well under Samudra Manthan, finds encouraging flow at 1,450 metresGas found near Odisha coast: ONGC has discovered gas in a deepwater exploration well in the Mahanadi Offshore Basin, around 43 km from Kona...
OIL CMD Ranjit Rath outlines the company's growth prioritiesOIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengtheni...
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...
ONGC makes back-to-back gas discoveries in Mahanadi basin blockONGC has made significant natural gas discoveries in the Mahanadi basin, yielding results in its high-risk deep water exploration. The disc...
ONGC to start appraisal of new area, survey in Mahanadi basinONGC would carry out 2D and 3D survey across the Mahanadi basin, the minister said adding that the state government has already given requi...
ONGC to gain Rs 16,000 cr more revenue from gas price hikeState-owned ONGC, the biggest beneficiary of near doubling of gas price from April, today said it will gain an additional Rs 16,000 crore i...
- ONGC targets 55m units of gas by 2016; hopes to finalise equity deal by month end
The country's largest state-run energy explorer Oil & Natural Gas Corporation (ONGC) is betting big on its gas acreages in the Krishna-Goda...
- ONGC is in talks with ConocoPhillips to forge Reliance-BP like alliance
There is a market speculation that ONGC has offered stakes in 18-19 oil and gas exploration blocks to ConocoPhillips.
- Petrobras to pick 40% in ONGC’s Mahanadi deepwater gas block
Brazilian oil major Petrobras is picking up a 40% stake in a Mahanadi deepwater block where ONGC has recently made another gas discovery. O...
- RIL to spend over $12bn to develop three gas basins
RIL will invest over $12 bn to develop gas finds in the Krishna Godavari basin, Mahanadi and the North East Coast.
- ONGC makes five oil and gas discoveries
Oil and Natural Gas Corporation (ONGC) has made five oil and gas discoveries in eastern offshore and the North-east.
- Gail to invest Rs 18k cr in pipeline expansion
GAIL India said that it would invest Rs 18,000 crore for laying 5,000 km of additional gas pipelines in the next five years.
- Common pipeline for oil basins soon
Companies engaged in exploration and production (E&P) of oil and gas in the Krishna-Godavari (KG) basin and Mahanadi basin may soon have co...
- ONGC hopeful of striking oil at Mahanadi basin
The country’s largest oil company has a number of blocks in Mahanadi basin, and its top brass are keeping their fingers crossed on more suc...