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OFFSHORE RIG OPERATORS
12 Indians among 13 killed in blast at Qatar's Ras Laffan LNG complex during restartA devastating explosion at Qatar's Ras Laffan LNG complex has claimed thirteen lives and injured sixty-six. The incident occurred during th...- 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...
- 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, ...
- Operating profit of offshore rig operators may jump 30% in FY25: ReportCrude price, which averaged at USD 55 a barrel between fiscals 2016 and 2021, increased to USD 86 a barrel on average since fiscal 2022. Hi...
- ONGC suspends operation at drillship Aban ICE after workers contract coronavirusThe drillship, charter hired by ONGC from contractor Aban Offshore for exploratory drilling, will be unmanned until it’s sanitized and a ne...
- ONGC stops operations at 2 rigs after 54 test positive for coronavirus, one dies“To ensure safety of employees, work at two rigs has been temporarily suspended. Remaining 34 rigs are operating offshore with all Covid-19...
- 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...
- Essar Shipping bags $121 million contract from ConocoPhillipsEssar Shipping, a part of Essar Group, has bagged a contract worth USD 121 million from ConocoPhillips to drill 11 offshore wells in Indone...
- 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...
- Great Offshore on high-growth courseThe Great Offshore scrip has been falling consistently and grossly underperforming the BSE Sensex due to the tepid financial performance in...
- Aban Offshore's gas platform Pearl sunk off the coast of VenezuelaAban Offshore, India’s largest offshore drilling and oil field services provider, suffered a major setback on Thursday, when its gas platfo...
- Great Offshore looks for acquisitionGreat Offshore has said it is looking for acquisition of deep water assets as there was a strong demand for them.
- Mercator Lines in jack-up rig pushMercator Lines (MLL), the private shipping company, is planning to acquire a jack-up rig with an investment of Rs 1,500 crore.
- Aban Singapore IPO to be India's largest abroadAban Singapore, a wholly-owned subsidiary of Aban Offshore, is to hit the Singapore stock exchange with India’s largest IPO abroad for a su...
- 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 buy 2 oil rigs for $400 mCyprus-based Essar Shipping & Logistics (ESLL) is set to acquire onshore and offshore oil drilling rigs from two companies in Norway and th...
- 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 ...
- ONGC bets on term contracts for rigsPublic sector oil major ONGC could save close to a billion dollars over the next three years on charter of offshore drilling rigs, if the m...
- 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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