India’s oil industry is bracing itself as a powerful cyclone is set to slam into India early Wednesday morning, the second in less than two weeks.
India’s Oil & Natural Gas Corporation (ONGC) is seeking to buy newly built jack-up drilling rigs as the national oil company (NOC) looks to secure long-term offshore drilling capacity.
A cyclone barreling through India’s west coast sank a barge hired by state-run explorer Oil & Natural Gas Corp. prompting a massive operation to rescue 96 people missing from the vessel.
The Indian Ministry of Petroleum and Natural Gas has reportedly told state-owned ONGC to sell stakes in producing oil fields to private companies and find foreign partners for gas fields in the prolific Krishna Godavari (KG) basin.
Despite the political and social turmoil in Myanmar, South Korea’s Posco International is sending a second deep-water drilling rig to the troubled Southeast Asian state to continue development work at the Shwe gas field.
India’s state-backed Oil & Natural Gas Corporation (ONGC) is set to boost deep-water gas production from the Krishna Godavari (KG) basin to between 2.5 million and 3 million cubic meters per day (cm/d) by May this year.
The Indian government is trying to persuade ExxonMobil to take stakes in offshore acreage controlled by state-backed Oil & Natural Gas Corporation (ONGC).
There is a high risk that political turmoil in Myanmar will negatively affect the energy sector, however, Chinese companies look set to benefit from the tumultuous environment, according to Fitch Solutions Country Risk & Industry Research.
Imported LNG looks more price competitive compared to India’s new deep-water gas production over the next two to three years
No more floating production, storage and offloading (FPSO) vessels will be ordered this year, Rystad Energy has predicted.
National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says Wood Mackenzie.
Officials from Mozambique have showcased the level of investment in the prolific Rovuma basin in a bid to attract the expertise of North Sea companies to its supply chain.
Kreuz Subsea has won a multi-million pound contract with India’s Oil and Natural Gas Corporation (ONGC) in the Arabian Sea.
A partnership of Baker Hughes, a GE company (BHGE), McDermott International and L&T Hydrocarbon have won the £1.3 billion subsea engineering contract for India’s largest deepwater project.
North-east firms can cash in on India’s drive to reduce oil and gas imports by 10% by 2022, guests heard at an Aberdeen event.
India’s efforts to sell a $1.6 billion stake in Oil & Natural Gas Corp. has run into concerns that government policies on fuel pricing would weigh on the state-run explorer’s share price, according to people with knowledge of the situation.
India's Oil and Natural Gas Corp's (ONGC) is suing Sudan in a London court, a news report said.
Crane engineering firm Sparrows Group is celebrating a £10million-plus contract with India’s Oil and Natural Gas Corporation (ONGC).
A report issuing the stoppage of all ‘hot work’ onboard Oil and Natural Gas Corporation’s Sagar Bhushan drillship was unable to prevent the death of five people and the serious injury of seven.
Five people have been killed in a blast at a shipyard in southern India.
India’s Oil and Natural Gas Corporation (ONGC) has matched its own pre-monsoon rig move record set last year offshore India.
Aqualis Offshore has won an contract extension with Oil and Natural Gas Corporation's (ONGC) assets offshore India.
Fugro has been awarded a contract by Indian oil and gas company, ONGC, for the provision of ROV services on board the drillship Sagar Vijay.
India Oil and Natural Gas Corporation (ONGC) has approved an investment of about $5billion over the next few years in its east cost oil and gas asset.
Oil & Natural Gas Corp.’s second-quarter profit fell 11 percent as slumping crude prices eroded revenue at India’s biggest energy explorer. Net income fell to 48.4 billion rupees ($736 million) in the three months ended Sept. 30 from 54.4 billion rupees a year earlier, the state-owned company said in a statement Friday. The average of 25 analyst estimates in a Bloomberg survey was 46.6 billion rupees. Sales gained 1 percent to 205.6 billion rupees.