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 […]
Maharashtra Seamless Secures INR 116 Crore Order from IOCL
Maharashtra Seamless has won an order of INR 116 from IOCL for the supply of seamless pipes leading to a rise of 2 percent in their shares. Jan 30, 2024 Maharashtra Seamless, one of the largest manufacturers of seamless steel pipes and tubes, recently secured two contracts with a total basic value of INR 116 […]
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. […]
IGGL lays 1656 kms Pipeline for the Transportation of Natural Gas from ONGC’s Gas Field
Oil and Natural Gas Limited and Indradhanush Gas Limited have signed an agreement to lay 1,656 km of pipeline for transporting natural gas from ONGC’s fields in Jorhat, Silchar, and Tripura to the demand centers and capital cities of all the eight northeastern states. INR 3,929 crore has been committed for the project in the […]
Maharashtra Seamless Writes Letter to Steel Ministry for Cauvery Basin Casing Pipe Tender Rejection
Maharashtra Seamless wrote to the steel ministry for the redressal of the unfair rejection of its casing pipe tender for the Cauvery basin drilling. In the letter the company claims that it is an “approved source” of specialized steel required in the project and that 40-50 percent of its existing capacity “is idle these days […]
IGGL & ONGC Sign Three Agreements to Connect ONGC’s Natural Gas Fields with NEGG
IGGL and ONGC have signed three agreements for connecting ONGC’s natural gas fields with the North-East Gas Grid (NEGG), to transport natural gas from Jorhat, Silchar and Tripura assets of ONGC to provide to the consumers. The North-East gas grid project has currently reached 75.52 percent completion. Jul 14, 2023 Indradhanush Gas Grid Limited (IGGL) […]
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 […]
ONGC Plans to Invest INR 1 Lakh Crore for Petrochemical Capacity Increase By 2030
India’s largest crude oil and natural gas company ONGC intends to make an investment of INR 1 lakh crore towards increasing its petrochemical production capacity. The investment involves the installation of new facilities which create chemicals directly from oil. ONGC’s Mangalore Refinery and Petrochemicals Limited (MRPL) and ONGC Petro additions Limited (OPaL) subsidiaries will be […]
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 […]