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OFFSHORE DRILLING INDIA
India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...- Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
- 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 ...
- 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...
- CCI clears two corporate deals in cement and offshore drillingThe Competition Commission of India gave its nod to two significant deals. India Resurgence Fund will acquire a stake in Digvijay Cement, w...
- 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, ...
- 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...
- 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 ...
- Oil explorers in a tight spot as rigs move to UK, Mexicooil explorers led by Oil & Natural Gas Corp (ONGC) are losing rigs to rivals in countries such as Mexico and the UK as their existing contr...
- 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.
- Gas fire fuels growth for services cosOil major Reliance has submitted an amended development plan for KG-D6 to the DGH. Submitted on November 1, one significant feature of the ...
- Oil cos hunger for more, plan major boost in E&P spendAmerican oilman J Paul Getty was bang on target - when he said, "The meek shall inherit the earth but not its mineral rights".
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