Search results for: Oil India

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  • 31 July 2014

    India’s oil firms ONGC and Oil India have reportedly interested to buy a stake in Murphy Oil’s assets in Malaysia.

  • 10 June 2013

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have signed a definitive agreement with Videocon Mauritius Energy Limited to acquire 100% of shares in Videocon Mozambique Rovuma 1 Limited for US$ 2475 million. The company holding a 10% participating interest in the Rovuma Area 1 Offshore Block in Mozambique (Area 1). The acquisition is […]

  • 17 April 2015

    Minister of State Petroleum & Natural Gas Dharmendra Pradhan visited Mozambique where he held meetings with his counterpart the Minister of Mineral Resources & Energy, Pedro Couto, and Foreign Minister Baloi and called on Prime Minister Agostino Rosario.

  • 17 April 2015

    Minister of State Petroleum & Natural Gas Dharmendra Pradhan visited Mozambique where he held meetings with his counterpart the Minister of Mineral Resources & Energy, Pedro Couto, and Foreign Minister Baloi and called on Prime Minister Agostino Rosario.

  • 1 July 2020
    Project & Tenders

    Shearwater GeoServices has secured two new projects, a seismic survey and processing contract by Oil India, and a project by CGG in Brazil as part of the five-year capacity agreement. The project for Oil India is a combined 3D and 2D towed streamer seismic acquisition and processing contract in the Andaman Sea and Kerala-Konkan coastal […]

  • 4 March 2014
    Business & Finance

    India’s ONGC Videsh Limited (OVL) has completed the acquisition of 10% participating interest (“PI”) in the Rovuma Area 1 offshore Block from Anadarko Moçambique Area 1 Limitada. On the 24th August 2013, OVL signed definitive agreements with Anadarko to acquire this interest. “Acquisition of an additional 10% Interest in Area 1 follows our earlier announcement […]

  • 4 October 2013

    The Cabinet Committee on Economic Affairs, Government Of India, has approved the proposal of the Ministry of Petroleum and Natural Gas to authorize ONGC Videsh Limited (OVL) and Oil India Limited (OIL) to acquire 20 percent Participating Interest (PI) in Rovuma Area 1 Offshore Block in Mozambique (Area 1). The transaction comprises acquisition of: (a) 100 […]

  • 8 January 2014

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have completed the acquisition of 10% PI in the Rovuma Area 1 offshore Block, Mozambique by acquiring 100% shares of Videocon Mozambique Rovuma 1 Limited, the company holding the 10% PI in the Area 1 from Videocon Mauritius Energy Limited. On 25th June 2013, definitive agreements […]

  • 11 June 2013

    India’s oil and gas company ONGC Videsh Limited has withdrawn a press release issued yesterday in which the company announced it had, together with Oil India, acquired interest in the Rovuma Area 1 Offshore Block in Mozambique from the Videocon Mauritius Energy Limited. The company said that the press release got issued ‘erroneously’. “While we confirm […]

  • 9 September 2010

    Oil India (OIL) and Indraprastha Gas (IGL) are keen on picking up equity stake in Petronet LNG (PLL)… (mydigitalfc) [mappress] Source: mydigitalfc, September 9, 2010;

  • 18 February 2014

    India’s largest international oil and gas E&P company ONGC Videsh (OVL) has signed Production Sharing Contract (PSC) for two shallow water exploration blocks SS-09 & SS-04 in the Bay of Bengal of Bangladesh on 17th February, 2014. OVL along with Oil India Limited (OIL) formed a consortium (50:50) and participated in the Bangladesh Offshore Bidding Round […]

  • 12 August 2015

    Oil India informed that it is aiming to have the first of liquefied natural gas cargo from the Anadarko-operated LNG project in Mozambique delivered by first quarter 2020.

  • 31 March 2014
    Business & Finance

    India’s Mercator has added two offshore blocks to its portfolio. The blocks are located in the shallow waters of Myanmar. Mercator Petroleum Ltd, a subsidiary of Mercator Limited, in consortium with Oil India Ltd., and Oilmax Energy Pvt. Ltd., has been chosen as the selected candidate by the Ministry of Energy of the Republic of […]

  • 14 August 2014
    Equipment

    Vietnamese national oil company Petrovietnam is looking to make the country’s largest overseas acquisition.

  • 13 December 2010

    Oil India Ltd (OIL) has set its eyes on the Cauvery Basin to start its first offshore exploration activity as an operator under the NELP … by Richa Mishra (The Hindu BusinessLine) [mappress] Source: Hindu Business Linne, December 13, 2010; Image

  • 3 August 2014

    New offshore contracts; EU-Russia sanctions; Indian firms looking to Malaysia; Brazilian platform on fire; Offshore jobs advice….

  • 16 August 2015

    Cheniere inks LNG supply deal with EDF Houston-based LNG player Cheniere Energy has entered into sales arrangements with Électricité de France (EDF) for the delivery of liquefied natural gas cargoes from the Sabine Pass LNG terminal to the Dunkerque terminal in France. Oil India expects first LNG delivery from Mozambique in 2020 Oil India informed […]

  • 5 November 2012

    INPEX Corporation announced that through its wholly owned subsidiary, INPEX Offshore East India, Ltd., it has agreed to acquire a 26% participating interest in the exploration block KG-DWN-2004/6 in the deep water of Krishna Godavari Basin in the Bay of Bengal, offshore India, from India’s largest national E&P company, Oil and Natural Gas Corporation Limited […]

  • 16 February 2017

    India’s Cabinet Committee on Economic Affairs has approved the award of operatorship for a total of 31 onshore and offshore oil and gas blocks. The Cabinet said on Wednesday that the blocks consist of small oil and gas fields discovered by the Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL). Of the […]

  • 25 June 2013

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have signed definitive agreements in Singapore on Tuesday with Videocon Mauritius Energy Limited to acquire 100% of shares in Videocon Mozambique Rovuma 1 Limited, the company holding a 10% participating interest in the Rovuma Area 1 Offshore Block in Mozambique for US$ 2,475 million. The acquisition […]

  • 25 June 2013
    Business & Finance

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have signed definitive agreements in Singapore on 25th June 2013 with Videocon Mauritius Energy Limited to acquire 100% of shares in Videocon Mozambique Rovuma 1 Limited, the company holding a 10% participating interest in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US$ […]

  • 4 October 2013

    The Cabinet Committee on Economic Affairs has approved the proposal of the Ministry of Petroleum and Natural Gas to authorize ONGC Videsh Limited (OVL) and Oil India Limited (OIL) to acquire 20 percent Participating Interest in Rovuma Area 1 Offshore Block in Mozambique. The transaction comprises acquisition of:- 100 percent of shares in Videocon Mozambique […]