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OIL AND GAS RIGS
Why are US energy firms cutting rigs now? Baker Hughes report explainedBaker Hughes (BHI) reported that the US oil and gas rig count decreased by one to 598 for the week ended October 2. It was the first decrea...- In 1969, California witnessed catastrophic oil spill between 3.5 million and 4.2 million gallons of crude into Santa Barbara Channel, leading to rise of modern environmental movement, nearly 6 decades later Donald Trump administration is causing concerns among residents. Here's whyTrump administration, citing a need for energy security and job creation, has already announced plans for new offshore oil leases in Califo...
- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- 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-...
- 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...
- US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...
- Over 2,000 years ago, ancient Chinese miners invented deep percussion drilling to extract salt, creating downhole engineering innovations that modern energy industries still depend on todayOver 2,000 years ago, ancient Chinese miners faced a crisis. They desperately needed salt to preserve food. But rich brine sat hundreds of ...
- Vedanta Group's Cairn Oil & Gas seeks global partners for $5 bn expansion, invites bids for Gujarat gas outputCairn Oil & Gas, part of Vedanta Group, has invited global partners to participate in multiple projects under its $5 billion investment pla...
- ONGC's 'Sagar Samrat' starts oil, gas output in Arabian SeaSagar Samrat MOPU, which was commissioned on December 23 last year, will handle up to 20,000 barrels per day of crude oil, with a maximum e...
- MEIL to commission 15 oil and gas rigs for ONGC by MayMegha Engineering and Infrastructures Limited (MEIL), which has secured an order from ONGC Limited to supply 47 oil and gas rigs, expects c...
- MEIL to deliver $860 million worth 47 oil & gas rigs to ONGC by 2022 endOut of 47 Rigs, there are 20 Workover Rigs-(used to perform workover operations in a well) and 27 Land Drilling Rigs.
- Meil unveils indigenously made hydraulic rigs for oil, gas sectorThe rig deployed at Kalol oilfield has a capacity of 1,500 horsepower that can drill up to a depth of 4 km, said Meil vice-president P Raje...
- ONGC plans to buy 27 rigs for up to Rs 3,500 crState-run explorer looks at replacing nearly half of its ageing 67 onshore drilling rigs, floats tender seeking bids by November 14.
- Essar Oilfield Services eyes 20% jump in revenues next fiscalThe company, which owns 16 rigs used for drilling of oil and gas, is expected to end the current fiscal with a revenue of Rs 300 crore, up ...
- ONGC swamped with offers for hiring deep sea rigs, expects charter rates to come downONGC has been swamped with offers in a tender it floated for hiring five deep sea rigs for its KG-basin gas block campaign.
- 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...
- BHEL receives orders worth Rs 900 crore from ONGCBharat Heavy Electrical Limited (BHEL) has received orders worth Rs 900 crore from Oil and Natural Gas Commission (ONGC) to supply six on-s...
- Texas firms expanding sale, manpower from export to IndiaWhen businesses in the US are facing liquidity crisis, two small companies from Texas are not only recruiting people but also expanding sal...
- ONGC seeks rig from global oil firms for KG block workONGC is in talks with global oil firms StatOil, Norway’s Norsk Hydro among others, to secure an ultra deepwater rig for drilling well UD-1.
- New cos explore opportunities in buoyant oil and gasA clutch of new firms are exploring opportunities in the buoyant oil and gas sector, even as the giants increase their drills on-shore and ...
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