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Centre Loses $111 Million Gas Field Appeal Against Reliance, Shell
The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields.
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With Mumbai Cyclone, One Of The World's Worst Offshore Oilfield Disasters
When the weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working on Oil and Natural Gas Corp.'s field off the Mumbai coast stayed put.
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China State Oil Firm Withdraws From Gas Project, Says Iran
Iran's oil minister said Sunday that China's CNPC has withdrawn from the development of an offshore gas field and that state-owned Petropars will take over the entire project.
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Navy Chopper Braves Strong Winds To Plug Gas Leak Off Mumbai. See Pics
The Navy brought into service a Seaking helicopter on Sunday, to help plug a gas leak at an ONGC platform in the Arabian Sea according to a Navy release.
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6 Dead After Chopper With ONGC Officials Crashes Off Mumbai Coast
Six people died after a Pawan Hans helicopter, carrying senior ONGC (Oil and Natural Gas Corporation) officers crashed in the Arabian Sea this morning. The chopper, with seven people on board, was on way to the offshore site of ONGC from the Juhu helicopter base. Six bodies have been recovered from the sea after the debris of the chopper was locate...
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Blog: Iran Refuses To Sideline China And Pak, Irking India
While Iran drags its feet on awarding a crucial contract for gas exploration in its Farzad B offshore field to ONGC Videsh, India has decided to cut back on oil imports from Iran by 3 million tons (roughly 25 percent) in the current financial year.
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ONGC's $2.4-Billion Mozambique Deal Under Oil Ministry Scanner
Government officials said the ministry has over the past few months asked the company to provide several details of the deal including the basis of the valuation.
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Government's Auditor Red-Flags $1.6 Billion Excess Cost Recovery By Reliance Industries
The Comptroller and Auditor General of India (CAG) has red-flagged $1.6 billion of excess cost recovered by Reliance Industries Ltd (RIL) in the KG-D6 gas block. The government's auditor also took note of state-owned ONGC's gas flowing into the eastern offshore fields of billionaire Mukesh Ambani-led RIL.
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Rename Mumbai High as Veer Savarkar Mumbai Offshore: BJP
Mumbai High, India's biggest oil and gas fields, should be renamed after freedom fighter Veer Savarkar, a leading energy expert and BJP spokesperson has demanded.
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L&T, Emas AMC Bag Hasbah Contract From Saudi Aramco: Report
Larsen & Toubro (L&T) and Singapore-based Emas AMC have been awarded a $1 billion-plus contract by state oil giant Saudi Aramco for expansion of the offshore Hasbah sour gas field, industry sources said.
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ONGC Takes Over Tapti Assets From BG, Reliance Industries
State-owned Oil and Natural Gas Corp (ONGC) has taken over a part of the abandoned assets of the western offshore Tapti gas field from its joint venture partners Reliance Industries and BG and will use it to produce gas from its Daman fields.
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ONGC Aims for New Drilling Contracts in Cost-Saving Drive: Report
India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter said, in its biggest ever cost-saving drive in response to lower crude prices.
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Cairn India's Rajasthan Oil and Gas Output Surges 3% in Q2
Its eastern offshore Ravva field saw a 27 per cent jump in output to 26,064 boepd in the second quarter.
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Larsen & Toubro Bags Offshore Contract Worth Rs 2,715 Crore from ONGC
The contract was won against international competitive bidding for the Oil & Natural Gas Corporation (ONGC) project at Bassein field near Mumbai coast in western offshore basin of India.
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ONGC to Take Over Tapti Gas Field Facilities
Oil and Natural Gas Corp has agreed to take over a part of the abandoned assets of the western offshore Tapti gas field from its joint venture partners Reliance Industries Ltd (RIL) and BG once output falls to zero.
-
Centre Loses $111 Million Gas Field Appeal Against Reliance, Shell
The government has lost its appeal in the English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields.
-
With Mumbai Cyclone, One Of The World's Worst Offshore Oilfield Disasters
When the weather office sent out cyclone warnings on May 13 and most vessels moved to safety, one barge working on Oil and Natural Gas Corp.'s field off the Mumbai coast stayed put.
-
China State Oil Firm Withdraws From Gas Project, Says Iran
Iran's oil minister said Sunday that China's CNPC has withdrawn from the development of an offshore gas field and that state-owned Petropars will take over the entire project.
-
Navy Chopper Braves Strong Winds To Plug Gas Leak Off Mumbai. See Pics
The Navy brought into service a Seaking helicopter on Sunday, to help plug a gas leak at an ONGC platform in the Arabian Sea according to a Navy release.
-
6 Dead After Chopper With ONGC Officials Crashes Off Mumbai Coast
Six people died after a Pawan Hans helicopter, carrying senior ONGC (Oil and Natural Gas Corporation) officers crashed in the Arabian Sea this morning. The chopper, with seven people on board, was on way to the offshore site of ONGC from the Juhu helicopter base. Six bodies have been recovered from the sea after the debris of the chopper was locate...
-
Blog: Iran Refuses To Sideline China And Pak, Irking India
While Iran drags its feet on awarding a crucial contract for gas exploration in its Farzad B offshore field to ONGC Videsh, India has decided to cut back on oil imports from Iran by 3 million tons (roughly 25 percent) in the current financial year.
-
ONGC's $2.4-Billion Mozambique Deal Under Oil Ministry Scanner
Government officials said the ministry has over the past few months asked the company to provide several details of the deal including the basis of the valuation.
-
Government's Auditor Red-Flags $1.6 Billion Excess Cost Recovery By Reliance Industries
The Comptroller and Auditor General of India (CAG) has red-flagged $1.6 billion of excess cost recovered by Reliance Industries Ltd (RIL) in the KG-D6 gas block. The government's auditor also took note of state-owned ONGC's gas flowing into the eastern offshore fields of billionaire Mukesh Ambani-led RIL.
-
Rename Mumbai High as Veer Savarkar Mumbai Offshore: BJP
Mumbai High, India's biggest oil and gas fields, should be renamed after freedom fighter Veer Savarkar, a leading energy expert and BJP spokesperson has demanded.
-
L&T, Emas AMC Bag Hasbah Contract From Saudi Aramco: Report
Larsen & Toubro (L&T) and Singapore-based Emas AMC have been awarded a $1 billion-plus contract by state oil giant Saudi Aramco for expansion of the offshore Hasbah sour gas field, industry sources said.
-
ONGC Takes Over Tapti Assets From BG, Reliance Industries
State-owned Oil and Natural Gas Corp (ONGC) has taken over a part of the abandoned assets of the western offshore Tapti gas field from its joint venture partners Reliance Industries and BG and will use it to produce gas from its Daman fields.
-
ONGC Aims for New Drilling Contracts in Cost-Saving Drive: Report
India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter said, in its biggest ever cost-saving drive in response to lower crude prices.
-
Cairn India's Rajasthan Oil and Gas Output Surges 3% in Q2
Its eastern offshore Ravva field saw a 27 per cent jump in output to 26,064 boepd in the second quarter.
-
Larsen & Toubro Bags Offshore Contract Worth Rs 2,715 Crore from ONGC
The contract was won against international competitive bidding for the Oil & Natural Gas Corporation (ONGC) project at Bassein field near Mumbai coast in western offshore basin of India.
-
ONGC to Take Over Tapti Gas Field Facilities
Oil and Natural Gas Corp has agreed to take over a part of the abandoned assets of the western offshore Tapti gas field from its joint venture partners Reliance Industries Ltd (RIL) and BG once output falls to zero.
