South Asia
News
October 28, 2025
Sercel has been awarded a landmark contract by India’s Oil and Natural Gas Corporation (ONGC) to supply land seismic acquisition systems. The systems will support ONGC’s 2026 exploration surveys across India’s diverse terrain.
News
October 24, 2025
Nomura Holdings says India’s shift away from discounted Russian crude will be offset by potential lower U.S. tariffs under a new trade deal, easing the impact on growth. Economists expect reduced levies to boost India’s export competitiveness while managing inflation risks from higher oil prices.
News
October 17, 2025
MariEnergies has announced an oil discovery at its Shawal-1 exploration well, located in the Mari Development and Production Lease (Mari D&PL). MariEnergies operates Pakistan’s largest gas reservoir in the Mari D&PL area and is the nation’s second-largest gas producer.
News
October 16, 2025
India’s foreign ministry said it was unaware of any conversation between Prime Minister Narendra Modi and President Donald Trump after the U.S. leader claimed Modi had agreed to stop Russian oil purchases. Despite U.S. pressure and new tariffs, India maintains it will continue buying Russian crude.
News
October 15, 2025
Global energy and marine consultancy ABL has secured a new contract from India’s Oil and Natural Gas Corporation Limited (ONGC) to oversee rig moving operations across Indian waters between September 2025 and May 2026.
News
September 26, 2025
Seatrium has signed an MoU with Cochin Shipyard to strengthen offshore collaboration in India and Asia, targeting MRO projects, technology partnerships and growth in regional energy markets.
News
September 05, 2025
India’s Finance Minister Nirmala Sitharaman said the country will continue buying Russian oil, signaling its intent to defy U.S. President Donald Trump’s persistent demands to halt the purchases.
News
August 27, 2025
ADNOC has agreed to supply 1 million tons of LNG annually to IndianOil for 15 years as it lines up more binding contracts for a new export terminal. The LNG will come primarily from the under-construction project at Ruwais.
News
August 20, 2025
Russia expects India to continue buying its oil, a senior official said, even as the South Asian nation faces higher U.S. tariffs and harsh criticism from Trump administration officials for the trade.
News
August 04, 2025
ADNOC Gas has announced the signing of a Heads of Agreement with Hindustan Petroleum Corporation Limited (HPCL) to supply 0.5 million metric tonnes per annum (MMtpa) of liquefied natural gas (LNG) for a 10-year term.
News
July 31, 2025
The U.S. sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves. The pact involves a reduction of the so-called reciprocal tariffs, especially on Pakistani exports, according to a statement.
News
July 15, 2025
Baker Hughes and Petronas have entered a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition.
News
July 01, 2025
Cunningham Natural Resources Corp. (CNRC) have announced that Aruna Holdings LLC has acquired 80% of the company. The deal includes a change of name to Surya Oil and Gas Corp. (SOGC), and the licensing and deployment of Surya's proprietary Kubera™ technology.
News
June 04, 2025
PTAS Aker Solutions has secured a significant two-year contract extension to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP). PTAS Aker Solutions is a local joint venture between Aker Solutions and the Brunei company PTAS.
News
May 22, 2025
Ocean services provider DeepOcean has acquired Shelf Subsea, an independent provider of subsea services with a strong position in the eastern hemisphere. The acquisition strengthens an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.
News
May 06, 2025
Viridien has sold its Sercel Marlin™ Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore E&P operations in India.
News
May 01, 2025
Cairn Oil & Gas is partnering with Electromagnetic Geoservices (EMGS), to acquire a 3D Controlled Source Electro-magnetic (CSEM) survey for its exploration campaign in the deepwater Krishna-Godavari block off India's East coast.
News
April 23, 2025
Amid declining Russian oil imports and rising energy demand, India is ramping up investments across Africa’s oil, gas and renewables sectors. The shift comes as India's crude oil imports from Russia fell to a two-year low in February 2025, prompting a renewed push to diversify its sources of energy.
News
April 01, 2025
Cairn Oil & Gas has entered into an agreement with Parker Wellbore to expand operations in India using a high-performance 2000HP drilling rig. Cairn will deploy the rig in Barmer, Rajasthan—the company's largest onshore producing asset in India, this month.
News
March 25, 2025
India’s largest explorer Oil and Natural Gas Corp. is seeking to diversify its portfolio to shield its core business from volatile oil prices, said Arunangshu Sarkar, director for strategy at the state-run giant.
News
March 13, 2025
Cairn Oil & Gas and 2H Offshore announced the commencement of a significant offshore India development project. The partnership was signed in the presence of Vedanta Chairman Mr. Anil Agarwal, at this week's CERAWeek by S&P Global energy conference.
