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OFFSHORE DRILLING PRODUCTION
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...
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...
Drill India drill: Iran war triggers India’s boldest hunt for oilThe Iran war has pushed countries to prioritise energy self-reliance, with India accelerating an already underway shift toward boosting dom...
Trump plans massive expansion of offshore oil drillingPresident Donald Trump's administration is planning to open up millions of square miles (kilometers) of US coastal waters to oil and gas dr...
ONGC drills record 501 wells in FY17Oil and gas exploration is a risky business and only drilling of wells can guarantee a discovery and confirmation of reserves.
Offshore oil output to plunge as producers scrap field upgradesGlobal offshore oil production in ageing fields will fall by 10 percent next year as producers abandon field upgrades at the fastest rate i...
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...
- Oil boom to benefit India's drilling equipment makers
Indian capital goods companies are entering the rig business, fuelled by a global boom in exploration due to the trebling of crude oil pric...
- Obama risks voter ire by opposing new oil drilling
Barack Obama is once again betting that his eloquence can persuade price-weary consumers, read that as voters, to take the long view and no...
- Oil explorers in a tight spot as rigs move to UK, Mexico
oil 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 buy 2 oil rigs for $400 m
Cyprus-based Essar Shipping & Logistics (ESLL) is set to acquire onshore and offshore oil drilling rigs from two companies in Norway and th...
- 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...
- 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.
- Drilling kicks off at Ravva oil field
Cairn Energy and its joint venture partners - ONGC and Videocon Industries - have started drilling campaign in the Ravva oil field, off the...