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OFFSHORE EXPLORATION PROGRAMME
India opens special deepwater oil, gas bidding round, offers to fund up to 50% of well costsIndia is launching a special licensing round for deepwater and ultra-deepwater oil and gas blocks under its ₹84,084 crore Samudra Manthan o...- 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 ...
- Florida sinks abandoned 227-foot ship to create artificial reef off Atlantic coast; How the Borocho ship helps rebuild marine lifeThe Borocho, a retired cargo ship, has been purposefully sunk off the Florida coast to establish an artificial reef, a project concluded in...
- India needs to strengthen domestic oil exploration, official saysIndia is urged to strengthen its domestic oil exploration capabilities to improve energy security as global tensions rise. Oil India Limite...
- Tejas Mk1A delivery delayed despite 27 airframes ready, HAL CMD explains whyHAL CMD Ravi K said the company has prepared 27 Tejas Mk1A airframes, but delivery of the first batch to the IAF awaits testing of systems ...
- 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...
- Govt extends OALP-X, XI bid deadline again to Nov 15India's government has extended bid deadlines for offshore oil and gas exploration blocks. Companies now have until November 15, 2026, to s...
- ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
- FPIs lobby for faster access to bourses with link to serversThe proposal - put forward by persons representing large offshore funds and custodians at a recent meeting with officials of the Securities...
- 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-...
- 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...
- 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...
- 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...
- 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...
- 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...
- Area under hydrocarbon exploration expected to double by 2020, says DGHThe first licensing round under the new Open Acreage Licensing Policy expanded exploration acreage to 150,000 sq km last year from 90,000 s...
- Cairn secures rigs for drilling in GreenlandScottish explorer Cairn Energy Plc today said it has secured two state of the art drilling rigs for its exploration campaign in offshore Gr...
- Essar wins oil block in VietnamEssar Exploration & Production (EEPL), Mauritius, a subsidiary of Essar Oil, has been awarded an offshore block in Vietnam’s Song Hong basi...
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