Searched for
ULTRA DEEPWATER BLOCKS
India extends bidding deadline for deepwater oil and gas blocks for sixth timeIndia has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to Septemb...- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- Explained: Why Vedanta shares are up 4% after government's royalty cut on crude oilVedanta shares rallied after the Centre reduced royalty rates on crude oil and natural gas production, a move expected to lower costs for t...
- India cuts royalty burden on oil and gas producers in push for domestic outputIndia's Centre has lowered royalty rates for crude oil and natural gas production. This move aims to encourage more domestic exploration an...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- India to offer 21 oil, gas blocks in OALP-XI bid roundIndia is set to launch its 11th Open Acreage Licensing Policy (OALP) round, offering 21 oil and natural gas blocks spanning over 80,000 sq ...
- 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...
- ‘Samudra Manthan’: What's India’s National Deep Water Exploration Mission and how offshore oil and gas can cut India’s import dependenceIndia has launched the National Deep Water Exploration Mission to boost domestic oil and gas production and reduce its heavy reliance on im...
- 10 oil & gas blocks open for biddingThe ten blocks in the current round are spread across nine sedimentary basins and comprise two on-land, four shallow water, two deep-water,...
- Essar wants incentives for gas production in CBM blockEnergy major Essar Oil is expecting some incentives for exploration of gas keeping in view challenges and difficulties like deep and ultra ...
- ONGC to hire global consultant to study KG block discoveriesONGC plans to hire an international consultant to study the feasibility of developing about a dozen discoveries at a KG basin block off the...
- Centre dumps Nelp and proposes new oil and gas exploration modelThe government plans a non-controversial model, which will have extended tax holidays, zero royalty payment, longer contract tenure.
- RIL sublets sole drilling rig to Malaysia's PetronasReliance Industries has sublet the only deep-sea drilling rig it currently has to Malaysia's Petronas, leaving no rig deployed at any of it...
- ONGC to invest $4 bn in KG blockState-owned Oil & Natural Gas Corporation (ONGC) plans to invest $4 billion to develop the ultra-deepwater gas find and produce about two t...
- RIL leases ultra-deepwater drillship for explorationReliance Industries has leased a brand new ultra-deepwater drillship to boost its eastern offshore exploration campaign.
- 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.
- RIL gets Transocean rig for $935 mn, to form JVReliance Industries (RIL) will hire a ultra-deepwater drillship ‘Deepwater Pacific 1’ from the world’s largest offshore drilling contractor...
- Reliance, ONGC in race to hire Transocean drillshipsUpstream companies Reliance Industries (RIL) and Oil and Natural Gas Corporation (ONGC) are in a race to hire drillships from Transocean, t...
- Norsk Hydro to take 10 pc in ONGC gas fieldNorway's Norsk Hydro agrees to take a stake in ONGC's gas discovery block off the east coast.
- ONGC eyes foreign partner for KGThe company has initiated discussions with ENI of Italy, Brazil’s Petrobras and UK major BP and BG Group.
Load More
