India
News
November 20, 2024
TGS announced today they have won a significant seismic survey/3D streamer contract for ONGC in the Mahanadi basin, offshore India. The Ramform Sovereign is scheduled to mobilize for the survey in January 2025 and the contract has a duration of approximately six months.
News
November 19, 2024
TotalEnergies and Oil India Limited (OIL) signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.
News
November 18, 2024
Following this week's sixth-annual South Asian Geoscience Conference and Exhibition 2024, also known as GEO India, the Association of Petroleum Geologists (APG) India has shared its key highlights from the industry event.
News
November 14, 2024
ADNOC Gas has signed a 10-year Sales and Purchase Agreement (SPA) with GAIL India Limited, India's largest natural gas company, to supply up to 0.52 million metric tons per annum (mmtpa) of liquefied natural gas (LNG), starting in 2026.
News
November 11, 2024
(Bloomberg) – India's Oil and Natural Gas Corp.’s (ONGC) quarterly profit beat analyst estimates despite a dip in production and weak crude prices. ONGC's net income rose 17% from a year earlier to 119.8 billion rupees ($1.4 billion) in the July-September quarter, according to a stock exchange filing Monday.
News
October 25, 2024
(Bloomberg) — Venezuela’s Vice President Delcy Rodríguez met with Indian energy officials on Friday to explore new oil and gas partnerships between both countries.
News
October 09, 2024
Jindal Power Ltd. is walking away from a venture that would have operated an oil-processing facility for Venezuela’s state-controlled crude producer, according to people familiar with the matter.
News
September 08, 2024
Transocean announced that Reliance Industries Limited awarded a binding Letter of Award for the Dhirubhai Deepwater KG1 for six wells offshore India. The estimated 300-day program is expected to commence in the second quarter of 2026.
News
August 14, 2024
India’s Swan Energy Ltd. plans to sell its stake in a floating liquefied natural gas (LNG) terminal to Turkey’s state-run Botas for $399 million.
News
August 06, 2024
In a financial update, India’s ONGC revealed that it has made five new discoveries in FY’ 25 so far. Since May 2024, ONGC has made three more discoveries (one onshore and two offshore) in its operated acreages.
News
May 30, 2024
India’s Oil and Natural Gas Corporation Limited (ONGC), supported by ABL as tow master and marine warranty provider, has moved a record high 45 drilling rigs to new locations ahead of the Indian monsoon season. ONGC’s previous record was 37 rig moves.
News
February 11, 2024
Minister Al-Kaabi emphasized that, in order to face such challenges, especially in the context of the energy transition, the various stakeholders need to create a balance between energy security, affordability and sustainability, while encouraging investments in a diverse energy mix, including renewables, natural gas and other forms of energy sources to help mitigate risks associated with the volatility of energy markets.
News
February 11, 2024
The world’s third-biggest oil importer behind China and the U.S., India is set to be the single largest source of global oil demand growth between now and 2030 thanks to a booming economy, growing middle class and youthful demographics, according to the International Energy Agency.
News
February 06, 2024
This dynamic platform unveils a comprehensive visualization of India's oil and gas resources, encompassing the infrastructure of conventional upstream, midstream, and downstream energy sectors.
News
January 30, 2024
In 2023, ADNOC Gas maintained a strong sales momentum signing several LNG agreements valued between $9.4 billion and $12 billion, while continuing to invest domestically to position itself to meet both local and international demand for natural gas.
News
January 14, 2024
Cairn has utilized Advanced Rock Physics and Seismic Inversion technology to predict subsurface sweet spots in and around the Jaya area. A cluster of prospects has been identified which can be developed through tieback to the Jaya facility.
News
November 29, 2023
The spotlight at IEW 2024 will demonstrate India's intricate energy landscape, characterized by a diverse energy mix, rapid growth in renewable energy, challenges related to energy access, urbanization, and economic development, all within the context of addressing climate change.
News
November 08, 2023
McDermott will perform the transportation and installation of a central processing platform (CPP) and living quarters. Once installed, the CPP will be used to process wet gas which will then be transferred from the platform to an onshore terminal.
News
August 30, 2023
Transocean Ltd. announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India.
News
June 30, 2023
The start of gas and condensate production from the MJ field follows the start-up of the R-Cluster field in December 2020 and Satellite Cluster in April 2021. All three developments utilize the existing hub infrastructure for the block.
News
April 11, 2023
India, with a fast-growing appetite for crude, is eager to reduce its fuel import bill and bolster energy security and has encouraged companies like state-controlled ONGC to do more to tap domestic oil and gas reserves.
