ONGC Videsh Limited, a subsidiary of ONGC, holds a 16% interest in Mozambique’s Area 1 concession via its subsidiaries. Total E&P Mozambique Area 1 Limitada, with a 26.5% participating interest, operates the Mozambique LNG project alongside other partners. I n May 2021, construction was suspended due to security issues in Cabo Delgado province, leading to […]
Hardeep Singh Puri, Minister of Petroleum and Natural Gas, emphasized the significance of India’s energy and shipping sectors during the ‘Revitalizing India’s Maritime Manufacturing Conference’ in Mumbai. He highlighted India’s rapid GDP growth, now at approximately $4.3 trillion, largely driven by trade, which underlines the importance of shipping. India consumes about 5.6 million barrels of […]
New Delhi, June 21 (IANS) With India projected to grow at over 6 per cent annually and its primary energy demand increasing at a CAGR of 5.5 per cent, there is an urgent need to safeguard oil and gas supply chains amid rising geopolitical and market uncertainties, according to a report released on Friday. Over 85 […]
Today, around 11:45 AM, during servicing operations at Well No. RDS-147, an oil well of Oil and Natural Gas Corporation Limited’s (ONGC) Rudrasagar Field in Sivasagar district, Assam, gushes of gas were observed from the well. Upon detection, ONGC immediately activated standard safety protocols. The site was promptly secured, and an emergency response team led […]
