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OFFSHORE EXPLORATION
ONGC explores drillship acquisition/JV for deepwater capacity under Samudra ManthanONGC seeks dedicated deepwater drillship capacity for its exploration program. The state explorer issued an expression of interest for rig-...- India, US discuss ways to strengthen civil nuclear cooperationIndian and US officials met to discuss strengthening bilateral civil nuclear cooperation. They explored ways to enhance partnerships for mu...
- SoftBank mulls up to $20 billion bond sale for OpenAI financingSoftBank Group is in talks with investment banks about a potential $10 billion to $20 billion bond offering to help refinance a loan for it...
- ETMarkets NRI Talk | Why private credit, REITs and PMS are entering the NRI investment conversation, explains Sumegh BhatiaPrivate credit, REITs, InvITs and PMS are gaining interest for their potential to provide differentiated return streams, contractual cash f...
- In 2023, Kitepower flew a 176-pound fabric wing over a Mayo bog for the first time. 3 years later, it has logged more than 90 flights and over 100 hours generating airborne wind-energy dataKitepower is testing an unconventional approach to renewable energy at a designated airborne wind-energy site in County Mayo, Ireland. Inst...
- Bangladesh's gas crisis hits factories, homes and transportIn the face of an acute natural gas scarcity, Bangladesh is witnessing the shutdown of key fertiliser plants, impacting hundreds of factori...
- Rust, power cuts and delays: Inside Venezuela’s oil export crisisVenezuela's oil exports face significant delays due to ageing port infrastructure. Tankers wait up to thirty days for loading, slowing oper...
- From dairy machines to AI factory: L&T is future-proofing its empireLarsen & Toubro is entering a new phase of diversification, using its engineering, infrastructure and financial strength to build technolog...
- No need for fresh capital for five years: Shriram Finance CEO Parag SharmaParag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...
- Independence Day 2026: PM Modi says ‘no-go’ coastal waters turned into ‘go-ahead’ exploration areasIndia has opened most coastal waters for offshore exploration to discover new hydrocarbon reserves and strengthen energy security. Prime Mi...
- Government plans to set up critical minerals processing parks across 4 statesIndia is embarking on a transformative journey with plans for four specialized critical mineral processing parks in strategic states, empha...
- ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcingONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and ga...
- A battleship-shaped Japanese island was more than 17 times as densely populated as Tokyo in 1959; now it’s a ghost town you can’t explore aloneOnce alive with the bustle of over 5,000 residents, Hashima Island was a coal-mining powerhouse, renowned for its remarkable density and un...
- India has built energy resilience to withstand external shocks, says PuriIndia has enhanced its energy security by diversifying crude oil supplies. Strategic infrastructure expansion and domestic exploration inve...
- L&T bags ultra mega Adnoc Offshore order worth over ₹15,000 croreLarsen & Toubro's offshore business secured a major order exceeding fifteen thousand crore rupees. This prestigious contract comes from Adn...
- Drill, Baby, Drill: India to fund Rs 650 cr per well for 60 deepsea wells to break its oil import habitIndia's government will fund offshore oil and gas exploration directly from its national budget. The "Samudra Manthan" scheme allocates sig...
- ONGC plans 150 deepwater wells under Rs 84,084-crore Samudra Manthan MissionONGC will drill 150 deepwater wells over seven years. The Samudra Manthan scheme aims to boost domestic oil and gas exploration. This initi...
- A deep dive with Rs 84,084 crore scheme for offshore oil and gas explorationThe Cabinet approved an ₹84,084-crore scheme for offshore oil and gas exploration. This National Offshore Exploration Scheme, Samudra Manth...
- Union Cabinet approves Samudra Manthan scheme, Rs 84,084 crore push for deepwater oil and gas explorationThe Union Cabinet has approved the Samudra Manthan mission with a financial outlay of Rs 84,084 crore, aimed at boosting deepwater and ultr...
- New Zealand grants first offshore petroleum permit since reversing exploration banNew Zealand's government has issued its first offshore petroleum exploration permit. This action follows the reversal of a ban previously i...
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