Oil India to Lease Seven Drilling Rigs

Tuesday, November 26, 2024

State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.

The company has already deployed over 20 rigs, including one offshore rig, Rath added.

Oil India is also searching for an additional offshore drilling rig for the Kerala-Konkan basin, alongside other onshore drilling rigs, he said.


(Reuters - Reporting by Nidhi Verma; Editing by Tasim Zahid)

Categories: Offshore Drilling Oil and Gas

Related Stories

Oil Prices Fall Amid Signs of US-Iran Ceasefire Extension Deal

Oil Shoots Up After Iran and US Exchange Air Strikes

Baker Hughes Expands Integrated Well Construction Contract with Petrobras

Current News

Engineering for Extremes (II): Accuracy & Efficiency in Offshore Drilling

TotalEnergies Makes Middle East Oil Trades After US Navy Buildup in Gulf

Oceanic Wind, Ming Yang Partner on Canadian Offshore Wind Project

Vuyk Engineering to Design Jumbo’s New L-Class Heavy-Lift Ships

Subscribe for OE Digital E‑News