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IEA welcomes India as association country

The International Energy Agency welcomed India as an association country on Thursday, expanding its partnership for a more secure and sustainable energy future with the world's third-largest energy consumer.

ONGC to invest $10 billion in deepwater projects off India's east coast

India’s Oil & Natural Gas Corp. is wading into deep waters, where energy giants BP Plc and Reliance Industries Ltd. found a sea of trouble.

India makes policy changes to encourage hydrocarbon development

A delegation led by Mr. Dharmendra Pradhan, India’s minister of petroleum, participated in CERAWeek in Houston.

Engie to sell interest in India's biggest LNG importer

Engie SA, France’s former natural-gas monopoly, plans to sell its entire 10% holding in India’s biggest importer of liquefied natural gas.

ONGC said to see spending plans curtailed by potential merger

India’s plan to push its top oil producer to fund a takeover of a state refining company may threaten some near-term investments.

LNG fights a losing battle in India as taxes weigh on demand

A province governed by India’s Prime Minister Narendra Modi for 13 years is impeding his plans to promote clean energy.

JDR wins major umbilical contract for India's western offshore project

JDR, a supplier of subsea umbilicals and power cables to the global offshore energy industry, has been awarded a major steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC, for the 11 wells of western offshore project.

India taps newcomers to unlock $7-billion oil and gas assets

India approved awarding rights for 31 small discovered oil and gas fields in its first auction in six years, entrusting most of these to new entrants as it seeks to boost local production.

India plans merger of state-run firms to create oil giant

India is planning to create a state-owned oil giant through mergers to match the might of international companies and billionaire Mukesh Ambani’s Reliance Industries Ltd.

Proserv secures new contracts, establishes new bases

Proserv has already secured new contracts worth more than $12 million so far this year and has revealed plans for further international growth with new bases in Saudi Arabia and India.

India’s top oil producer spends $1.2 billion to buy gas block

India’s biggest oil and gas producer will pay as much as $1.2 billion to buy a majority stake in a gas field off the country’s east coast, aiming to boost production as the country seeks to cut energy imports.

CGG/Sercel sells four 508XT acquisition systems to Indian seismic companies

CGG announced that its equipment business, Sercel, has delivered four of its new-generation 508XT land acquisition systems to two seismic companies recently awarded survey work in India by ONGC and Oil India, as part of a new national seismic program commissioned by the Indian government.

Realtor turns oil producer as India eyes domestic production boost

A drugmaker, a real estate developer and an edible oil company are among firms answering India’s call to tap undeveloped oil fields and become the newest explorers in the world’s fastest-growing energy consumer.

Oil India Limited signs MOU with University of Houston to increase production

Oil India Limited (OIL), an upstream oil and gas public sector utility, has entered into a Memorandum of Understanding (MOU) with the University of Houston (UH), with the intent of augmenting its reserves base and maximizing recovery from its aging oilfields.

Scots university to propose skills training framework for India’s subsea sector

Robert Gordon University (RGU) has been awarded funding from the UK government to establish a sustainable training framework for the Indian energy sector with a focus on accelerating subsea skills development.

Expro awarded $30-million production contract in India

Expro has been awarded a contract worth over $30 million with the Hindustan Oil Exploration Company (HOEC) for Dirok gas field in India.

ONGC’s profit falls 21% as oil prices slump, output drops

Oil & Natural Gas Corp.’s (ONGC) quarterly profit declined 21% as oil prices slumped and output fell.

World’s biggest crude buyers make cuts the oil giants won’t

As the world’s biggest crude producers stop short of taking action to address the global oversupply, output cuts by their largest customers are helping to mop up the glut.

Oil India opens new office in Houston

Despite the oil industry slowdown, international oil companies are adding their presence in the city that still remains the energy capital of the world. The latest is Oil India Limited, India’s second largest public sector company after ONGC.

GE to support ONGC’s exploratory campaign offshore India

GE Oil & Gas has been awarded a multi-million-dollar Frame Agreement by Oil and Natural Gas Corporation Limited (ONGC), India’s largest E&P company. Under the agreement, GE will provide an estimated 55 subsea wellheads (SG5) over next three years for the operator’s offshore drilling campaign, in shallow to medium waters offshore India.