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ONSHORE RIGS
ONGC finding it hard to get offshore rigs in a 'tight' marketEarlier this year, ONGC sought 12 rigs for its projects but got only 10. New rig contracts it signed then were about 50% more expensive tha...
- 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...
Abu Dhabi's ADNOC invites banks to pitch for bookrunner roles for drilling unit IPOADNOC is planning to take the unit public in the third quarter, they added. One of the sources previously said ADNOC could raise at least $...
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 Oilfields reports $14.84 mn profit
Essar Oilfields Services Ltd today reported net profit of USD 15.71 million for 2012-13 as against USD 14.84 million loss in the previous f...
- BHEL bags Rs 774 crore ONGC order
Bharat Heavy Electricals Ltd has secured Rs 774 crore contract from Oil and Natural Gas Corp for supply of onshore drilling rigs.
- Shiv-Vani Oil a good bet: Gaurav Oza, AK Stockmart
ET Now spoke to Gaurav Oza, Sr. Equity Analyst, AK Stockmart, on his views on Shiv-Vani Oil.
- Shiv-Vani Oil can offer a good upside potential: Hemang Jani, Senior Vice President, Sharekhan
Hemang Jani, Senior Vice President, Sharekhan, in a chat with ET Now talks about Shiv-Vani Oil.
- BHEL receives orders worth Rs 900 crore from ONGC
Bharat Heavy Electrical Limited (BHEL) has received orders worth Rs 900 crore from Oil and Natural Gas Commission (ONGC) to supply six on-s...
- Essar Oilfield to procure two jack-up rigs for $440 mn
Essar Group company, Essar Oilfield Services (EOSL) plans to procure two jack-up rigs for $440-million, a top company official said.
- Gremach inks $1bn contract with CNPC co
Gremach Infrastructure has inked a $1-billion contract with Baoji Oilfield Machinery (Bomco) - a 100% subsidiary of CNPC - for importing on...
- Indian, US firms enter into joint venture
The joint venture Company in the name of Branham-Beekay Engineering intends to manufacture derricks, masts, sub-structures, crown blocks an...
- Soaring charter rates force oil exploration giants to buy rigs
India’s hunt for new energy sources has hit an unforeseen obstacle: dearth of operational rigs.
- 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...