India ///

WoodMac: India commissions first east coast LNG terminal

India's first east coast regas project, Ennore LNG terminal, has been commissioned by Indian Oil Corporation (IOCL).

Venezuelan oil finds home in India as U.S. shuns shipments

India is feasting on Venezuelan oil, after the U.S. imposed a de facto ban on crude imports from the Latin American nation.

India’s PM Narendra Modi presents ADNOC Group CEO with “International Lifetime Achievement Award” at Petrotech 2019

His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO of the Abu Dhabi National Oil Company (ADNOC), was honored, today, with the “International Lifetime Achievement Award” for his outstanding contribution to the global energy industry.

Tata Steel makes key appointment to support business growth

Tata Steel has announced a key appointment as the company looks to maximize on an upturn in its oil and gas activity.

India set to hold third oil, gas block auction under new policy

India announced a third round of auctions in a year for oil and gas blocks under a more liberal policy, targeting to raise as much as $700 million in exploration investments as the country seeks to cut its reliance on imports.

How one of Venezuela's last oil buyers may react to sanctions

After the U.S. slapped sanctions on Venezuela’s state-owned PDVSA, which essentially add up to an oil ban, the market has focused on how the remaining buyers of the South American country’s heavy, low-quality crude will react.

U.S. ban may offer China and India feast of cheap Venezuelan oil

A possible move by Donald Trump to hurt Venezuela’s oil industry could prove a shot in the arm for the Xi Jinping and Narendra Modi administrations.

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.