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OIL DRILLING RIG
ONGC floats $20 billion global tender for deepwater rigsOil and Natural Gas Corporation plans a massive oil exploration program. The company will spend between $18 to $20 billion to hire deep-wat...
Drillmec India bags oil rig orders worth $1.5 billion from Oil India & ONGCThe US$ 1.57 Billion order book was achieved on the basis of orders from Oil India Ltd amounting to $ 143 million for five land based oil d...
- MEIL to commission 15 oil and gas rigs for ONGC by May
Megha 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...
Megha Engineering's first Make in India oil rig begins operationMEIL is the first company in private sector to manufacture and use rigs used in oil and fuel extraction with advanced technology, a company...
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.
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...
- Safety audit discovers loopholes in two ONGC rigs
An audit of ONGC's offshore jack up drilling rigs have revealed loopholes in safety measures in at least two of its drilling rigs, a senior...
- Jindal Drilling in talks to build deepwater rig
Jindal Drilling & Industries, part of the DP Jindal Group, is in discussions with Norwegian offshore services group Sevan Marine to form a ...
- ONGC seeks rig from global oil firms for KG block work
ONGC 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.
- RIL loses exploration rig to ONGC, faces project delays
It is one of those rare cases of a public sector company beating a private sector competitor to clinch a deal.
- 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.
- Essar bags 14 oil rigs
It’s like hitting the jackpot. Essar Oil Fields Services, a subsidiary of Essar Global, is back into the oil rig business and has already a...
- Oil cos hunger for more, plan major boost in E&P spend
American oilman J Paul Getty was bang on target - when he said, "The meek shall inherit the earth but not its mineral rights".