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OFFSHORE DRILLING
Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...- 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 ...
- 'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a signi...
- Oil India reports natural gas presence in second Andaman offshore wellOil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block t...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27% in 1 yearAfter the correction, the street will reach a stage where, if a company delivers numbers, there will be enough money waiting to move into t...
- 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...
- Buy, Sell or Hold: Morgan Stanley maintains Equal-Weight on Pine Labs; retains buy on ONGCMorgan Stanley maintains a constructive outlook on select Indian largecap stocks in defence, energy, and fintech, citing strong growth pros...
- The green strategic partnership: India and Norway chart a sustainable futurePrime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...
- Numbing down of America: What the attack in 'non-hellhole' US points toAmerica faces a deluge of crises. Protests erupt, yet public response wanes due to 'compassion fatigue'. Airstrikes, immigration agent shoo...
- Iran conflict exposes limits of energy transition, pushes world back to oil, gas and nuclearRecent global events, particularly the Iran conflict, have highlighted the continued reliance on hydrocarbons, pushing back EV targets and ...
- 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...
- Trump administration to rejoin offshore drilling agencies separated after 2010 Gulf oil spillThe Trump administration is merging two agencies that were split after the 2010 Gulf oil spill. This move aims to boost efficiency and expe...
- Can Donald Trump overturn Joe Biden's offshore drilling ban?President Donald Trump revoked a ban established by Joe Biden on new offshore oil and gas drilling along most US coastlines, sparking poten...
- 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, ...
- Foreign offshore drilling contractors lobby against new safety rules"Any mobile offshore drilling unit participating in a tender after the issuance of this order (India or foreign) shall comply with the requ...
- Aban Offshore gets Rs 1,050-cr order from ONGCIn a BSE filing, the Chennai-based company said it has received the Letter of Award (LOA) for deployment of drillship -- Aban Ice for a per...
- 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...
- Bush pushes offshore drillingPresident George W Bush chastised Democrats on Saturday for refusing to allow a vote on whether to lift the federal ban on offshore oil dri...
- Jindal Drilling acquires 49% in Virtue DrillingJindal Drilling & Industries has acquired 49 per cent stake in Virtue Drilling, Singapore, for a consideration of Rs 40 crore, from Jindal ...
- ONGC to resume offshore drilling"The drilling of the first well in Sunderbans was unsuccessful. It was not commercially viable as the amount of gas was low and the rig was...
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