Oil India Limited (OIL), a Maharatna Central Public Sector Enterprise, has reported a natural gas discovery in the Matsyapuri formation of the Krishna-Godavari (KG) Basin off India’s east coast. The discovery was made in the shallow offshore block KG-DSF/GSKW/2018, awarded to the company as the sole operator under the Discovered Small Field framework. The appraisal […]
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said India’s youth will play a pivotal role in achieving the Viksit Bharat vision by 2047. Addressing the valedictory session of Shri Ram College of Commerce’s (SRCC) centenary conclave in New Delhi, he highlighted the importance of education, entrepreneurship, energy security and domestic resource […]
Oil and Natural Gas Corporation Limited (ONGC) has taken a significant step to strengthen India’s deepwater exploration campaign. The company has placed the Notice of Award (NOA) for hiring a second ultra-deepwater drillship. The new vessel, identified as DDKG2, is expected to mobilise within the next 3-4 months. This move marks a major expansion of […]
Prime Minister Narendra Modi has set a target of 100 GW of nuclear energy capacity by 2047 as India works to strengthen its long-term energy security. In his Independence Day address from the Red Fort, PM Modi also announced an Rs 85,000-crore push for offshore resource exploration. He said nuclear energy, critical minerals, offshore resources […]
ONGC, BP Exploration (Alpha) Ltd, and Reliance Industries Ltd Sign Joint Operating Agreement for Offshore Block in Saurashtra Basin New Delhi | 29 July 2025: Oil and Natural Gas Corporation Limited (ONGC), in partnership with BP Exploration (Alpha) Ltd and Reliance Industries Limited (RIL), has formally signed a Joint Operating Agreement (JOA) for offshore exploration […]
