Indian state-owned Oil and Natural Gas Corporation (ONGC) has entered into a memorandum of understanding (MoU) with Norwegian oil and gas giant Equinor to collaborate on exploration and production (E&P), clean energy, midstream, downstream, and clean energy options. The parties will also work together on carbon capture utilization and sequestration (CCUS). The MoU will be […]
Oil and Natural Gas Corporation (ONGC) has reported a net profit of INR 8,764 crores for the third quarter of the fiscal year 2022 (Q3 FY22), an increase of 596.7% compared to INR 1,258 crores in the same period of the previous fiscal year. For the reported period, the Indian state-owned oil and gas company […]
Mangalore Refinery and Petrochemicals Limited (MRPL) has registered profit after tax (PAT) of around INR 969 crores for the third quarter of the fiscal year 2022 (Q3 FY22), compared to a loss after tax of INR 76 crores in the same quarter of the previous fiscal year. The subsidiary company of ONGC said that its […]
Larsen & Toubro (L&T) said that its fully-owned subsidiary L&T Hydrocarbon Engineering Limited (LTHE) has bagged a contract from Oil & Natural Gas Corporation (ONGC) for the seventh development phase of the latter’s Pipeline Replacement Projects (PRP-VII). The engineering, procurement, construction, installation, and commissioning (EPCIC) contract is in the range of INR 2,500 to 5,000 […]
Oil and Natural Gas Corporation (ONGC) said that its overseas arm — ONGC Videsh Limited (OGL) has entered into the development stage of its offshore Brazilian gas project BM-SEAL-4. ONGC Videsh and its partner Petrobras had made a gas discovery in 2019 in the deep offshore block in the Sergipe Alagoas Basin. Following detailed evaluation, […]
Nelco, an Indian satellite communication service provider, has bagged an INR 40 crores worth contract from Oil and Natural Gas Corporation (ONGC) to boost the latter’s communication infrastructure at offshore sites. According to Nelco, the scope of the contract covers supply, commission, and maintenance of the oil and gas firm’s captive very small aperture terminal […]
India’s Oil and Natural Gas Corporation Limited (ONGC) is set to deploy a virtual fiber solution from Redline Communications Group for supporting its 29 remote onshore and offshore operations. Redline Communications, which is a Canada-based wireless communications network designer and manufacturer, has been selected in this connection by Telephone Electronic Corporation (TEC India), a network […]
Oil and Natural Gas Corporation (ONGC) has awarded a three-year contract to Shelf Drilling for deploying its Ron Tappmeyer jack-up rig to execute offshore operations in India. Presently, the Ron Tappmeyer rig is under contract with ONGC with a completion date fixed in the second quarter of 2022. According to Shelf Drilling, the start-up of […]
Hewlett Packard Enterprise (HPE) said that Oil and Natural Gas Corporation Limited (ONGC) has selected the HPE GreenLake edge-to-cloud platform to run its advanced SAP S/4 HANA mission-critical environment. SAP S/4 HANA will help the Indian state-owned oil and gas giant to enhance performance, expedite digitization, cut down transaction processing time, and get better insights […]
Indian state-owned energy company Oil and Natural Gas Corporation (ONGC) has awarded a contract to UAE-based Shelf Drilling for deploying its Parameswara jack-up rig off the west coast of India. The contract is for three years, said Shelf Drilling, which is a shallow water offshore drilling contractor with rig operations across the Middle East, India, West Africa, […]