Offshore Block News

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ONGC strikes oil and gas in Mumbai offshore’s OALP block | Mint Primer | Mint

According To A Statement Released By The Company, Oil And Natural Gas Corporation Limited (Ongc) Just Recently Made An Important Announcement Regarding The Discovery Of Oil And Gas In Two Different Offshore Exploration Blocks Located In The Mumbai Offshore Region .

19 May 2023
Industry

ONGC says offshore deepwater gas viable at $5-6 per million British thermal units

This March, the government approved a new pricing formula for gas sourced from difficult to reach terrain

2 min read26 Sep 2016
Industry

ONGC, IOC, OIL among 5 firms named by US administration for Iran ties

US Government Accountability Office has named the firms along with China’s CNPC and Sinopec saying they could face sanctions by America

2 min read8 Mar 2015
Companies

Mercator Petroleum signs contract for offshore blocks in Myanmar

The consortium had won the two blocks, M-4 and YEB, in the Myanmar Offshore Block Bidding Round-2013

1 min read8 Dec 2014
Companies

Vigilance inquiries against Power Finance Corp chief Satnam Singh

The thrust of the complaints pertain to loans extended to wind-turbine maker Suzlon Energy and Videocon Industries

5 min read31 Jul 2013
Companies

ONGC said to be lead bidder for $6 billion Mozambique gas assets

A deal may value the 20% holding in the Rovuma-1 offshore block at $5 billion to $6 billion

1 min read30 Apr 2013
Companies

Japan’s Inpex to buy 26% stake in ONGC’s KG block

Inpex is expected to bring in technical expertise in deepwater drilling

2 min read6 Nov 2012
Politics

Oil and gas block auction receives poor response

Oil and gas block auction receives poor response

2 min read12 Oct 2009

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