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New Chairman and MD at ONGC Share your comments
Monday, April 05, 2021Oil and Natural Gas Corporation Limited (ONGC) has revealed that its finance director, Subhash Kumar, has assumed the additional post of chairman and managing director of the company.

Eni Sells Pakistan Assets Share your comments
Tuesday, March 09, 2021Eni (NYSE: E) announced Tuesday that it has reached an agreement to sell its shares in its entities in Pakistan to Prime International Oil & Gas Company.

Total Buys Stake in Solar Developer Share your comments
Monday, January 25, 2021Total (NYSE: TOT) buys a 20 percent stake in Adani Green Energy Limited (AGEL) and a 50 percent stake in a 2.35 GWac portfolio of operating solar assets owned by AGEL for an investment of $2.5 billion.

Conoco Warns of 500 Houston Job Cuts Share your comments
Wednesday, December 02, 2020ConocoPhillips may dismiss as much as one-fourth of its Houston headquarters staff as the largest independent oil explorer cuts costs and prepares for the takeover of Concho Resources Inc.

Whiting Petroleum Emerges from Chapter 11 Share your comments
Wednesday, September 02, 2020Whiting Petroleum Corporation (NYSE: WLL) has successfully completed its financial restructuring and emerged from Chapter 11 protection.

Fugro Wins Three-year India Contract Share your comments
Friday, June 19, 2020The contract will support the inspection, repair and maintenance of ONGC's offshore assets, including subsea pipelines. IMAGE SOURCE: Fugro

$180MM in Contracts Go to Sapura Share your comments
Thursday, June 04, 2020The photo above shows the vessel Sapura 3000 pipe laying vessel. PHOTO SOURCE: Sapura Energy Berhad

Apache Listing Solely on Nasdaq Share your comments
Friday, May 29, 2020Apache Corporation has revealed that it will list its common stock solely on the Nasdaq Stock Market from June 9.

Seadrill's West Polaris Contract Terminated Early Share your comments
Monday, May 18, 2020The contract is now expected to end in early November 2020.

Borr Wins APAC Jack-up Contracts Share your comments
Wednesday, April 15, 2020Borr Drilling has secured letters of award for work in the Asia Pacific region for two of its premium jack-ups.

Total Sells Block CA1 Stake to Shell Share your comments
Wednesday, October 30, 2019Total signs an agreement to sell its wholly owned subsidiary Total E&P Deep Offshore Borneo BV to Shell for $300 million.

Arabian Sea Jackup Contract Goes to Shelf Share your comments
Wednesday, January 23, 2019India's ONGC secures jackup for three years.

India Tells State Oil Firm ONGC to List Overseas Unit Share your comments
Tuesday, August 21, 2018he Indian government has asked its biggest state-owned firm, Oil and Natural Gas , to list its overseas unit ONGC Videsh, according to a letter seen by Reuters.

ONGC Provides Relief Support to Flood-Affected Kerala Share your comments
Monday, August 20, 2018Oil and Natural Gas Corporation Limited (ONGC) is providing relief support for the flood-affected Indian state of Kerala.

Indonesia Removes Pertamina Chief After Oil Spill, Other Issues Share your comments
Friday, April 20, 2018Indonesia has removed Pertamina chief executive Elia Massa Manik after a series of problems at the state-owned energy company.

BP, RIL Sanction Second Phase of KG D6 Development Share your comments
Thursday, April 19, 2018BP plc and Reliance Industries Limited announce the sanctioning of the 'Satellite cluster' project in Block KG D6, located offshore India.

Sparrows Group Secures Multi-Million Dollar Contract with India's ONGC Share your comments
Tuesday, April 03, 2018Sparrows Group secures a multi-million dollar contract with India's Oil and Natural Gas Corporation for the refurbishment of 21 cranes.

Poland's PGNiG To Cooperate With Pakistani Gas Firm On Upstream Projects Share your comments
Monday, March 19, 2018Poland's leading gas company agrees to cooperate on upstream projects with Pakistan's Mari Petroleum Company.

OMV to Divest Upstream Business in Pakistan Share your comments
Thursday, March 01, 2018OMV agrees to sell its upstream business in Pakistan to Dragon Prime Hong Kong Limited for a consideration of $191 million (EUR 157 million).

Kreuz Subsea Wins 'Most Financially Significant' Contract in its History Share your comments
Tuesday, January 09, 2018Kreuz Subsea, a global subsea services company, secures the 'most financially significant' contract its history.

Indonesia's Pertamina To Take Over State Gas Utility PGN In 1Q 2018 Share your comments
Thursday, December 07, 2017Indonesian state energy company Pertamina will take over government gas utility PT Perusahaan Gas Negara (PGN) in the first quarter of 2018.

Chevron Drops Decision to Leave Bangladesh Share your comments
Monday, October 30, 2017Chevron did not give a reason for reversing its decision.

Vedanta, Cairn India Merger Takes Effect Share your comments
Wednesday, April 12, 2017Vedanta Limited and Cairn India Limited announce that the merger of Cairn India with Vedanta has become effective.

Norway Deputy Oil Minister To Meet CNOOC As Oslo-Beijing Relations Thaw Share your comments
Wednesday, April 05, 2017Norway's deputy oil minister will meet top executives of CNOOC's to discuss possible cooperation ahead of the first visit by a Norwegian prime minister to China in a decade, officials said.

Shell Opens New Technology Hub in India Share your comments
Friday, March 31, 2017Royal Dutch Shell plc opens a new major technology hub in Bangalore, India, which can house up to 1,500 experts.

Russia's Rosneft, Partners to Invest around $12.9B in India's Essar Oil Share your comments
Saturday, October 15, 2016Rosneft CEO Igor Sechin says his company will invest around $12.9 billion in India's Essar Oil.

India Clears ONGC's Extra 11% Stake Buy in Russia's Vankor Fields Share your comments
Wednesday, October 05, 2016India's cabinet approves ONGC Videsh's purchase of an additional interest in Russia's Vankor oilfields from Rosneft for $930 million - raising ONGC's stake in the project to 26%.

Trelleborg Appoints Unique Group as its Agent in India Share your comments
Tuesday, September 27, 2016Trelleborg appoints Unique Group as agent in India for its offshore solutions offerings.

Vedanta Wins Cairn Nod For BHP-Style Resources Conglomerate Share your comments
Tuesday, September 13, 2016Vedanta's plan to create an Indian resources heavyweight to compete with the likes of BHP Billiton got a boost after shareholders in its oil unit, Cairn India, agreed to a proposal to combine the two companies.

BW to Provide FSRU for Pakistan's Second LNG Terminal Project Share your comments
Thursday, August 25, 2016BW signs agreement with Pakistan GasPort Ltd. (PGPL) to provide a floating storage and regasification unit (FSRU) for Pakistan's second liquefied natural gas (LNG) terminal.

India's ONGC Launches $15M Fund to Nurture New Ideas for O&G Industry Share your comments
Tuesday, August 16, 2016India's ONGC launches a $15 million 'ONGC Start-up Fund' to encourage new ideas for the oil and gas industry.

GE, LTHE Ink MOU to Manufacture Subsea Manifolds for India's DW Projects Share your comments
Friday, August 12, 2016GE inks a memorandum of understanding with L&T Hydrocarbon Engineering (LTHE) for the manufacture of subsea manifolds for deepwater projects in India.

Court Orders Payment Freeze on Swiber's Bank Guarantee for Indian Projects Share your comments
Wednesday, August 10, 2016An Indian court grants an interim order to freeze payment on bank guarantees posted by Singapore's financially troubled Swiber Holdings for its projects offshore India.

ABS Expands India Office, Plans To Recruit Technology Staff Share your comments
Monday, August 01, 2016ABS expands office in India to recruit technology staff to support business growth.

Bangladesh Signs Deals with Excelerate Energy to Build Country's First FSRU Share your comments
Tuesday, July 19, 2016Bangladesh signs deals with Excelerate Energy to build the country's first floating storage regasification unit (FSRU).

India's ONGC May Relax Eligibility Criteria for Hiring Rigs Share your comments
Wednesday, July 13, 2016India's Oil and Natural Gas Corp. (ONGC) may relax the eligibility criteria for hiring drilling rigs, according to a local media.

PGPC, PTPL Ink Deal for Pakistan's Second LNG Import Terminal Share your comments
Thursday, July 07, 2016Pakistan GasPort Consortium Ltd. inks agreement with Pakistan LNG Terminals Ltd. to build Pakistan's second liquefied natural gas import terminal in the country.

Aban Offshore Bags $87M Contract to Provide Aban Abraham Drillship to ONGC Share your comments
Tuesday, June 28, 2016Aban Offshore bags a deal from India's Oil and Natural Gas Corp. Ltd. to provide the Aban Abraham drillship under a two year $87 million contract.

Swiber-Sime JV Commences Arbitration in India Over ONGC's B-193 Project Share your comments
Thursday, June 09, 2016Swiber and Sime Darby commences arbitration proceedings in India against Oil and Natural Gas Corp. over a process platform contract for the B-193 Project.

Amec FW Secures Contract for LNG Terminal Project in Ennore, Tamil Nadu Share your comments
Tuesday, June 07, 2016Amec Foster Wheeler secures contract for a liquefied natural gas terminal project in Ennore, Tamil Nadu, India from Indian Oil LNG.

Shell India Names Nitin Prasad to Replace Yasmin Hilton as Country Head Share your comments
Wednesday, May 18, 2016Shell India names Nitin Prasad as country head to succeed Yasmine Hilton, who will step down on Oct. 1.

Swiber Clinches $100M EPIC Contract from South Asian NOC Share your comments
Monday, February 29, 2016Swiber clinches $100 million engineering, procurement, installation and construction services contract from a national oil company in South Asia.

GIC, Advent, Bain Invest $350M In Engineering Outsourcer QuEST Share your comments
Friday, February 19, 2016Singapore sovereign wealth fund GIC Pte Ltd. and private equity investors Advent International and Bain Capital have jointly bought a minority stake in engineering outsourcing firm QuEST Global Services for $350 million.

Sources: India's ONGC Aims For New Drilling Contracts In Cost-Saving Drive Share your comments
Thursday, February 11, 2016India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter say, in its biggest ever cost-saving drive in response to lower crude prices.

India's Essar Oil Delists in $564M Payout to Shareholders Share your comments
Wednesday, December 30, 2015India's second-largest private refiner, Essar Oil, completes its delisting from local bourses in return for a $564-million payout to minority shareholders.

ONGC Videsh Moves Nearer to Complete Acquisition of Stake in Vankorneft Share your comments
Monday, December 28, 2015India's ONGC Videsh and Russia's Rosneft complete the first stage of deal for the former's acquisition of a 15 percent stake in Vankorneft.

KS Drilling's Unit Bags Contract for KS Discoverer 3 Land Rig in Pakistan Share your comments
Thursday, December 03, 2015Singapore-based KS Drilling's subsidiary Atlantic Onshore Services bags a $4.1 million contract for KS Discoverer 3 land drilling rig in Pakistan.

India's ONGC Posts 2Q FY16 Net Profit of $726.3M, Down 11.1% YOY Share your comments
Monday, November 09, 2015India's ONGC posts a net profit of $726.3 million for second quarter 2016 that ended Sept. 30, down 11.1 percent from last year's $816.7 million.

Aban Offshore Inks Deal to Provide Aban II to ONGC for $50M Share your comments
Tuesday, October 27, 2015Aban Offshore to provide the Aban II jackup to ONGC for $50 million over a three year contract.

Reliance's 2Q FY16 Oil, Gas E&P Revenue Falls 31.1% to $309M Share your comments
Monday, October 19, 2015Reliance Industries posts a 31.1% decline in revenue for its oil and gas business to $309.03 million in 2Q of 2016 ending Sept. 30., with the fall attributed to lower global oil prices.