Indigenous Push: ONGC, IOC, Other Oil PSUs to Invest INR 1.2 Trillion in Energy Sector
India’s Energy sector to get a major push with ONGC, IOC, other PSUs deciding to invest INR 1.2 trillion for oil and gas exploration, refineries, petrochemicals and laying of pipelines. Feb 16, 2024 India’s energy sector is in for a major boost as some of the largest Public Sector Undertakings (PSUs), including the Oil and […]
Fresh Oil Discovery in Krishna-Godavari Basin; ONGC Commence First Oil Extraction from Deep-Sea Project
The Ministry of Petroleum and Natural Gas announced that the first time oil was extracted recently from a deep-sea project located 30 kilometers off the coast of Kakinada, Andhra Pradesh. Jan 08, 2024 Union Minister for Petroleum and Natural Gas, Mr. Hardeep Singh Puri, recently announced a new oil discovery in the Krishna-Godavari Basin, India. […]
ONGC Lays Sub-Sea Pipeline to Directly Transport Panna Oilfield Crude Oil Yields Onshore
Oil and Natural Gas Corporation (ONGC) has connected the Panna oilfield in the Arabian Sea basin with the shore through a sub-sea pipeline. The pipeline will transport crude oil and save transportation costs amounting to USD 43,000 per day. Jun 22, 2023 Oil and Natural Gas Corporation (ONGC) has linked the Arabian Sea-based Panna oilfield […]
Maharashtra Seamless Wins Order Worth INR 262 Crore from ONGC
Maharashtra Seamless recently received orders from state-owned company Oil and Natural Gas Corporation (ONGC) Limited for supply of seamless tubing pipes and accessories, worth approximately INR 262 crore. The order will be delivered to multiple locations in Gujarat, West Bengal, Rajasthan, Tripura and Assam. Seamless steel pipes and tubes manufacturer Maharashtra Seamless Limited, a flagship […]
Maharashtra Seamless Fulfils its ‘Make in India’ Vision through Subsea Pipelines
As India ramps up its exploration activities in the oil and gas sector, Maharashtra Seamless Ltd. (MSL), the flagship company of the diversified D.P. Jindal Group, has been able to develop subsea pipes in-house in its continuous efforts to manufacture import substitution products. “We have invested to establish new laboratories for special testing facilities such […]
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 […]
PM Dedicates ONGC U-field Onshore Facilities of Deep Water Block to Nation
The U-Field is part of ONGC’s flagship deep-water KG-DWN-98/2 Cluster-II development project. U-Field is the deepest Gas discovery of the project, with a gas production potential of about 3 million Standard cubic metres of gas per day. Prime Minister Narendra Modi has dedicated Oil and Natural Gas Corporation Ltd’s (ONGC) U-field Onshore facilities of KG-DWN-98/2 […]
ONGC Earmarks the Investment of INR 31,000 Crore for Oil & Gas
ONGC also mentioned that it is planning to leverage international collaborations with reputed global majors for the same, for which talks are already in an advanced stage. The Oil and Natural Gas Corporation (ONGC) India is planning to invest INR 31,000 crore in the upcoming three years. The infused funds will be deployed in exploring […]
