India ///

India oil demand rises from four-year low as cash ban impact fades

India’s oil demand growth in 2018 rebounded from the slowest pace in four years as the country recovered from the shock of a cash ban and the roll out of a national sales tax.

ONGC experts bring Cyclone Pethai hit drilling rig to India's offshore east coast

A team of experts mobilized by Oil and Natural Gas Corporation (ONGC) brought cyclone hit semi-submersible rig Olinda Star back to normal.

Ampelmann inks two new contracts in Asia Pacific

Dutch multinational Ampelmann has secured two new contracts in the Asia Pacific region. Two A-type systems have made their way to India and Indonesia, respectively, and will enable both short- and long-term Walk to Work (W2W) operations.

Companies in the news

Michele Cowart, World Oil

Companies in the news

McDermott signs up Aqualis Offshore

Aqualis Offshore has entered into a master services agreement with McDermott Asia Pacific Sdn Bhd to provide engineering reviews and marine warranty services for the company’s offshore operations in the Asia Pacific region.

Oceaneering enhances global asset integrity capabilities

Oceaneering International, Inc. has announced that it has bolstered its expanding asset integrity business in Chandigarh, India with more capabilities.

Iran oil waivers: How buyers are lining up after U.S. exemptions

Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy.

Kreuz Subsea, Seamec consortium mobilize Kreuz Glorious for two-year ONGC project

Global integrated subsea services business, Kreuz Subsea and consortium partner Seamec Ltd, have successfully completed the mobilization of the Kreuz Glorious vessel to commence a two-year project with India’s Oil & Natural Gas Corporation (ONGC).

KG basin will play crucial role in India natural gas move

At a time when production at traditional offshore assets on the west coast is set to decline over the next decade, the upcoming deepwater and ultra-deepwater projects in the Krishna-Godavari (KG) basin at the Bay of Bengal will play a crucial role in India’s move towards a natural gas-based economy.

Companies in the news

Michele Cowart, World Oil

Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, has reached Johan Sverdrup field.

BHGE, McDermott, LTHE awarded contract for ONGC's largest deepwater project

Baker Hughes, a GE company, McDermott International, Inc. and L&T Hydrocarbon Engineering (LTHE), a subsidiary of Larsen & Toubro (NSE: LT), were awarded the subsea contract for India’s Oil & Natural Gas Corporation’s (ONGC) largest deepwater project, the development of block DWN-98/2 in the Krishna Godavari basin.

Regional Report: India

Michele Cowart, World Oil

Over the next 30 years, India is predicted to be one of the world’s fastest-growing economies.

ONGC $1.6-billion stake sale is said to face subsidy hurdle

India’s efforts to sell a $1.6-billion stake in Oil & Natural Gas Corp. (ONGC) has run into concerns that government policies on fuel pricing would weigh on the state-run explorer’s share price, according to people with knowledge of the situation.

Wavefront commences powerwave operations in India

Wavefront Technology Solutions Inc., the advanced IOR and EOR company, has commenced the previously announced powerwave well stimulation campaign in India.

Cairn, Vedanta award EOR contract to BHGE for India's Rajasthan area

Baker Hughes, a GE company, has been awarded a development contract by Cairn Oil & Gas, Vedanta Limited to construct approx. 300 new wells and deploy a chemical EOR program aimed at increasing production from the Rajasthan area.

U.S. selling more oil to India, Iran’s biggest customer

One of Iran’s biggest oil customers is buying more U.S. crude as President Donald Trump sticks to his pledge to squeeze the Persian Gulf nation’s energy trade.

U.S. oil sellers may look to India as tariff war with China escalates

American oil producers may find a new friend in India as they brace for a trade war with China that could curb U.S. shipments.

India has "Plan D" for Iran oil as Trump adds sanction pressure

One of Iran’s biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by U.S. sanctions on the Persian Gulf state -- even if shipments stop completely.

India hunting for shorter LNG deals with import demand doubling

The good news for global natural gas exporters is that India’s largest utility is hunting for new supplies to import. The bad: It’s seeking shorter deals than have been traditional in the past.

China and India want to buy more U.S. oil to counter OPEC

Two of Asia’s largest crude buyers are considering teaming up to buy U.S. supplies and counter OPEC’s dominance in the world’s biggest oil market.