ONGC Videsh to Reacquire a 20 Percent Stake in Sakhalin-1 Oil and Gas Field
ONGC Videsh Ltd has appealed to Russian authorities to retake a 20 percent stake in the Sakhalin-1 oil and gas fields. November 18, 2022 ONGC Videsh Ltd. (OVL), the overseas subdivision of Oil and Natural Gas Corporation (ONGC), has put forth an official appeal to Russian authorities to retake a 20 percent stake in the […]
Motilal Laxmichand Sanghavi: Betting Big on Carbon & Alloy Steel Tubes
Motilal Laxmichand Sanghavi is one of the fastest growing companies engaged in supplying all types of seamless, boiler tubes, hydraulic tubes, heat exchanger tubes, pipes & fittings, and square & rectangular tubes. In an exclusive interaction with Tube & Pipe India, Mr. Hemal D. Sanghavi, Partner, Motilal Laxmichand Sanghavi, takes us through the company’s wide […]
Guwahati Refinery Celebrates its 60th Anniversary
The celebratory event of Guwahati Refinery was graced with the presence of the Union Minister for Housing & Urban Affairs and Petroleum & Natural Gas Hardeep Singh Puri. Guwahati Refinery, the first-ever public sector refinery of India and Indian Oil Corporation Ltd.’s first refinery, celebrated its 60th year-anniversary on August 3, 2022. Since 1962, the […]
Tullow Oil Reaches Out to ONGC Videsh, IOCL for a Kenyan project
Tullow Oil is optimistic about finding an investor for the onshore oil project in Kenya during the second half of this year. London-headquartered Tullow Oil has reached out to India’s major PSU in the oil & gas sector – ONGC Videsh Ltd. in Nairobi. The discussions between the two firms are about the London-based firm’s […]
Saudi Steel Pipe Secures USD 25 Million Contract with Tenaris Global
In March this year, Saudi Steel Pipe signed a deal with Tenaris Global Services for the supply of steel pipes for the oil & gas sector. Saudi Steel Pipe Company (SSPC), Saudi Arabia’s premier manufacturer of welded steel pipes, has concluded their contract with Uruguay-headquartered Tenaris Global Services. The deal was about supplying oil and […]
Venus Pipes & Tubes to Invest in Capacity Expansions of Hollow Pipes
Venus Pipes & Tubes serves various diversified sectors & applications, and exports to twenty countries. Gujarat-based Venus Pipes & Tubes Ltd. has made a positive debut on the Bombay Stock Exchange (BSE) with the stock rising to INR 351 as compared to the issue price of INR 326. The Initial Public Offering (IPO) of the […]
Saudi Steel Pipe Wins a Deal Worth USD 25.8 Million from Aramco
As per the statement by Saudi Steel Pipe, the duration of the contract, which is valued at USD 25.80 million, would be for ten months. The steel pipe maker expects the deal to have its financial impact in the first half of 2023. The Kingdom of Saudi Arabia (KSA)-based Saudi Steel Pipe Company (SSPC) has […]
