http://www.worldoil.com WorldOil Essar Oilfields awarded drilling contract in India's Cambay basin http://www.worldoil.com/news/2018/2/21/essar-oilfields-awarded-drilling-contract-in-indias-cambay-basin Essar Oilfields Services India Limited (EOSIL) today announced that it has been awarded a Rs 28-crore contract by Gas Authority of India Limited (GAIL) to drill three firm plus two optional wells in Gujarat’s Cambay basin. Indonesia eyes European, U.S. oil giants for investment bids http://www.worldoil.com/news/2018/2/19/indonesia-eyes-european-us-oil-giants-for-investment-bids Indonesia will hold roadshows in the U.S. and Europe later this month to lure investments from the world’s top energy companies as the former OPEC member seeks to reverse a decline in oil and gas production. ONGC reports explosion on Sagar Bhushan drillship http://www.worldoil.com/news/2018/2/14/ongc-reports-explosion-on-sagar-bhushan-drillship A blast was reported on ONGC drillship Sagar Bhushan at 9.15 a.m. yesterday, at Cochin Shipyard where it has been dry docking since Dec. 7, 2017. Indian companies pay $600 million for stake in Abu Dhabi oil concession http://www.worldoil.com/news/2018/2/12/indian-companies-pay-600-million-for-stake-in-abu-dhabi-oil-concession Indian companies agreed to pay $600 million for a stake in one of Abu Dhabi’s biggest offshore oil concessions, securing a share in the emirate’s crude production for the first time. ONGC said to plan $4.8-billion Indian Oil, GAIL stake sale http://www.worldoil.com/news/2018/2/7/ongc-said-to-plan-48-billion-indian-oil-gail-stake-sale Oil and Natural Gas Corp. plans to sell its holding in two state-run energy companies within a year to repay debt it raised to fund the purchase of the Indian government’s stake in Hindustan Petroleum Corp., according to people with knowledge of the matter. India's ONGC said to expect delays in its biggest project http://www.worldoil.com/news/2018/2/5/indias-ongc-said-to-expect-delays-in-its-biggest-project Oil and Natural Gas Corp. is facing a delay of at least a year in starting production from its biggest project, according to people with knowledge of the matter. Top Indian oil explorer may raise $5.48 billion to buy HPCL http://www.worldoil.com/news/2018/1/22/top-indian-oil-explorer-may-raise-548-billion-to-buy-hpcl India’s biggest oil and gas explorer has widened its first debt-raising plan to as much as $5.48 billion to buy state-run refiner Hindustan Petroleum Corp. India pitches bigger oil resource pie in bid to lure investments http://www.worldoil.com/news/2018/1/16/india-pitches-bigger-oil-resource-pie-in-bid-to-lure-investments India has increased the size of its oil and natural gas resources by 50% because of better data, according to the country’s oil regulator. ONGC confirms six dead, one missing after chopper crash http://www.worldoil.com/news/2018/1/15/ongc-confirms-six-dead-one-missing-after-chopper-crash Following an extensive search operation, jointly conducted by ONGC, Coast Guard and Indian Navy, six bodies including one of the two Pilots of ill-fated Pawan Hans Chopper have so far been recovered. The search is on for one more person who is still missing. All 32 people aboard burning oil tanker presumed dead, Iran says http://www.worldoil.com/news/2018/1/14/all-32-people-aboard-burning-oil-tanker-presumed-dead-iran-says All 32 crew members on board an Iranian oil tanker that’s been burning for a week near China’s eastern coast are presumed dead, an Iranian official said.