In a significant development on Monday, May 13, India, through India Ports Global Ltd, and the Ports & Maritime Organisation of Iran (PMO) inked a new 10-year contract to manage the strategically located Chabahar Port along the Gulf of Oman. This long-term agreement involves an investment of $120 million by the Indian firm to upgrade […]
In a display of precision and strategic execution, the Indian Navy successfully conducted a 12-hour-long anti-piracy operation on Friday, March 29, resulting in the rescue of 23 Pakistani nationals. The operation targeted a hijacked Iranian fishing vessel, FV A1-Kambar, which had been overtaken by Somali pirates. Remarkably, the operation, involving the warship INS Sumedha among […]
ONGC said that its Sagar Samrat offshore drilling rig has been commissioned as a mobile offshore production unit (MOPU), which has started producing from the WO-16 cluster in the Arabian Sea. In the coming days, Sagar Samrat MOPU is expected to handle up to 20,000 barrels per day of crude oil, said ONGC. It will […]