Cambay Basin News

Companies

Gujarat HC stays Oilex bid to take over GSPC’s stake in Cambay block

GSPC, the exploration and production arm of the GSPC group, holds a 55% stake in the Cambay field while Oilex holds 45%

2 min read13 Aug 2018
Companies

Oilex, GSPC spar over ownership of Cambay block

Oilex has also formally requested DGH and the ministry of petroleum and natural gas to affect the transfer of GSPC's participating interest in the Cambay PSC to Oilex

2 min read31 Jul 2018
Companies

Reliance to sell entire stake in Cambay Basin to Sun Petrochemicals

Reliance Industries Ltd (RIL) has a 70% participating interest in the oil and gas block CB-ONN-2003/1 (also called CB-10) while BP India holds the balance 30%

2 min read30 Jul 2018
Industry

Oilex tells GSPC to pay Cambay basin dues in 60 days, warns of takeover

Oilex says it will take over Gujarat State Petroleum Corp's share in the Cambay basin block if the Indian explorer fails to pay its dues to meet exploration commitments

2 min read30 May 2018
Industry

ONGC gets green panel nod for Rs1,752 crore project in Gujarat

The proposed drilling is expected to be undertaken at the company's Ahmedabad asset in Gandhinagar, Ahmedabad and Kheda districts

1 min read22 Feb 2016
Companies

Mercator says oil block makes first discovery in Cambay basin

Mercator said its subsidiary Mercator Petroleum has made its first oil discovery in Cambay basin in Gujarat

2 min read3 Jun 2015
Companies

Niko Resources in DGH radar over govt’s unpaid profit share

The block in question was awarded to Niko under the second round of the new exploration licensing policy

3 min read30 Sep 2014
Companies

RIL finds more oil in Cambay basin

RIL finds more oil in Cambay basin

1 min read28 Jun 2010
Money

RIL discovers more oil in Cambay basin

RIL discovers more oil in Cambay basin

1 min read11 Jun 2010
Companies

RIL discovers oil in Cambay basin

RIL discovers oil in Cambay basin

2 min read28 Apr 2010
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