India's ONGC Produces First Oil in Bay of Bengal Block
The 98/2 project is expected to boost ONGC's total oil production by 11 percent and gas production by 15 percent.
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The 98/2 project is expected to boost ONGC's total oil production by 11 percent and gas production by 15 percent.
India signed contracts for 13 hydrocarbon blocks opened for bidding in the last two years.
Marine Seismic Company TGS, In Cooperation With JV Consortium Partners PGS And SLB, Has Announced That Prefunding Has Been…
Marine seismic company TGS, in cooperation with JV consortium partners PGS and SLB, has announced that prefunding has been…
Government has taken various policy initiatives to increase domestic exploration and production of petroleum and natural gas and reduce dependence on imports in line with Atmanirbhar Bharat. These, inter-alia, includesreforms such as Hydrocarbon Exploration and Licensing Policy (HELP), Discovered Small Field (DSF) Policy, Open Acreage Licensing Policy (OALP), policy to promote and incentivize Enhanced Oil Recoveries…