Ongc News

 

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Feb 10, 2026

Offshore drilling contractor Vantage Drilling has secured a contract with Oil and Natural Gas Corporation (ONGC) for its ultra-deepwater drillship Platinum Explorer for operations off India.The binding Notification of Award (NoA) from ONGC comes following the conclusion of its tender for a deepwater drillship for a three-year firm, plus one-year optional campaign in India with an estimated total contract value of $261 million…

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Dec 26, 2025

Russian President Vladimir Putin has extended by one year the deadline for the sale of U.S. oil major ExxonMobil's stake in the Sakhalin-1 oil and gas project until January 1, 2027, according to a decree published on Wednesday.The extension…

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Dec 08, 2025

India's Oil and Natural Gas Corp (ONGC) will pay into Russia's Sakhalin-1 oil and gas field abandonment fund in roubles, using Indian companies' frozen dividends to retain its 20% stake in the project, three sources familiar with the matter said…

ABL Secures Rig Moving Assignment with India's ONGC

Oct 15, 2025

ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Jul 30, 2025

India’s Oil and Natural Gas Corporation (ONGC), BP Exploration (Alpha), and Reliance Industries (RIL) have signed a joint operating agreement (JOA) to explore offshore Block GS-OSHP-2022/2 in India’s Saurashtra Basin.The agreement, formalized at ONGC’s headquarters in New Delhi on July 28…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Jul 02, 2025

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

ONGC Buys Viridien’s Sercel Offshore Logistics Solution

May 06, 2025

French seismic company Viridien has sold its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India…

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

May 05, 2025

The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India's first offshore facilities decommissioning project…

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

Feb 11, 2025

Oil and Natural Gas Corporation Limited (ONGC) and BP have signed a contract under which BP will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field.ONGC will retain ownership and operational control of the field…

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

Jan 09, 2025

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp ONGC on Thursday.ONGC named…

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Jan 08, 2025

India's top explorer Oil and Natural Gas Corp ONGC on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.BP has promised an…

Brava Energia Concludes Stake Buy in Three Campos Basin Fields from QatarEnergy

Dec 31, 2024

Brazilian oil and gas firm Brava Energia has concluded the acquisition of the 23% stake held by QatarEnergy Brasil in the Abalone, Ostra and Argonauta oil fields, which form the Parque das Conchas in the Campos Basin.The transaction value, disregarding adjustments…

Shearwater Geoservices Lands Third Offshore Survey Job in India

Dec 03, 2024

Shearwater Geoservices has been awarded a large 2D towed streamer seismic survey by Oil India, covering 14,500 line kilometers on the East Coast of India in the Bay of Bengal.The project, scheduled to being early 2025, forms part of India’s…

Shearwater Geoservices Gets Another Seismic Survey in India

Nov 29, 2024

Shearwater Geoservices has secured a contract for a large-scale 2D seismic survey on the continental shelf margin off the west coast of India.The project, which will span 15,500 line-kilometres, demonstrates Shearwater's dedication to supporting India’s seismic exploration efforts…

Shearwater Geoservices Lands 3D Seismic Job Off India

Nov 26, 2024

Offshore seismic services firm Shearwater Geoservices has secured a contract with the Oil and Natural Gas Corporation Limited (ONGC) for a large 3D seismic survey off the east coast of India.The high-capacity Oceanic Sirius vessel will carry out the survey…

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