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ULTRADEEP WATER FIELDS
ONGC to invest Rs 1 lakh crore for deepwater exploration, says chairmanOil and Natural Gas Corporation plans a significant investment over five years. The company will explore local deepwater and ultradeep wate...- ONGC offers stake in KG block to foreign firmsONGC has floated an initial tender seeking interest of global majors with "requisite technical expertise and financial strength" to join as...
- $300-400 million investment expected in latest oil, gas bid roundAs many as 21 blocks or areas are on offer in the Open Acreage Licensing Policy (OALP) Bid Round-VI, which will close for bidding on Octobe...
- LNG imports to surpass domestic production in 2 yrsIn current fiscal, LNG imports will jump to 73 mmscmd and are projected to further rise to 105 mmscmd in 2013-14, equaling the domestic gas...
- India to become a net importer of natural gas in two yearsThe government resisted revising domestic prices fearing its impact on power tariffs and fertiliser cost even as KG-D6 output plummeted to ...
- 'We will continue to look at more opportunities'Bharat Petroleum, with Videocon Industries has bagged exploration company EnCana Brasil. The move gives the company access to 10 offshore b...
- ONGC pins hopes on UD-1 well at Sagar SamriddhiThree years after ONGC launched its aggressive multi-million dollar quest for oil through its deepwater exploration campaign Sagar Samriddh...
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