Three important Memorandums of Understanding were signed between Maharatna CPSE and Oil India Ltd during India Energy Week 2026 in Goa. The first contract with ONGC Ltd has been inked. Shri Arunangshu Sarkar, Director (S&CA), ONGC; Shri O. P. Sinha, Director (E), ONGC; and Shri Saloma Yomdo, Director (E&D), OIL, were present when the Memorandum […]
By entering into a Master LNG Sale and Purchase Agreement (MSPA) with TotalEnergies Gas & Power Ltd (TEGPL), the state-run Oil and Natural Gas Corporation (ONGC) has taken a calculated move to fortify India’s LNG supply infrastructure. The deal gives ONGC more procurement flexibility in the face of changing global energy markets by allowing it […]
A five-year Master Regasification Agreement (MRA) with Oil and Natural Gas Corporation (ONGC) and a one-year Master Agreement with Mahanagar Gas Limited (MGL) for the sale of regasified LNG (RLNG) are two significant agreements that Petronet LNG Limited (PLL) announced on Tuesday with the goal of bolstering India’s natural gas supply chain. At its Dahej […]
ONGC has made significant progress in controlling a blowout at the Mori-5 well in Andhra Pradesh’s Dr B. R. Ambedkar Konaseema district. The intensity of fire, noise levels, and ambient heat near the well have reduced substantially. Operations are being managed by the Crisis Management Team based on an approved control plan, which includes completing […]
Upstream public sector giant Oil and Natural Gas Corporation Limited (ONGC) on Monday signed joint venture agreements with Japan’s Mitsui O.S.K. Lines Ltd. (MOL) for a 50 per cent stake each in two joint venture entities — Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited, registered in Gift City at […]
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 […]
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 […]
State-owned Oil and Natural Gas Corporation Limited (ONGC) on Friday successfully capped the blowout in one of its wells in Assam’s Sivasagar district, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has announced. Announcing the plugging of the blowout, Puri said in a post on X on Friday, “ONGC has successfully capped the […]
Government-run Oil and Natural Gas Corporation (ONGC) has dug 578 wells in the year 2024-25, which is the highest in 35 years, Union Petroleum Minister Hardeep Singh Puri said on Saturday. According to the minister, the bold decision taken by Prime Minister Narendra Modi on the ‘No Go’ area is giving new impetus to India’s […]
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 […]
