Mumbai: Reliance Industries Limited has entered into a Joint Operating Agreement with Oil and Natural Gas Corporation Limited and BP Exploration (Alpha) Limited for the exploration block GS-OSHP-2022/2. This block is located off the western coast in the Saurashtra basin and was awarded to RIL, ONGC, and BP as part of the Hydrocarbon Exploration and Licensing Policy, an official press release stated. The parties will pursue exploration operations in the block pursuant to the terms of the award of...Read More

Jamnagar: The state-owned Oil and Natural Gas Corporation (ONGC.NS) is considering setting up a new refinery with a capacity of 200,000–240,000 barrels per day in Jamnagar, said a Reuters report quoting a company official. The official, who asked not to be named since the plans are not yet public, said ONGC is currently conducting a pre-feasibility study for the proposed project. India, being the world’s third-largest importer and consumer of oil, aims to boost its position as a global ref...Read More

New Delhi: In a breakthrough for India’s energy sector, the Panna-Mukta and Tapti (PMT) joint venture partners, Shell (through BGEPIL), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed the country’s first offshore facilities decommissioning project with the safe removal of the mid and south Tapti field facilities, said an official press statement. The PMT JV, operator of the Tapti fields under a production sharing contract with the Govern...Read More

Ahmedabad: The Detection of Crime Branch (DCB) police have filed a case against Gautam Solanki from Chandkheda for allegedly cheating several individuals by offering ONGC jobs in exchange for money and providing forged documents. The scam was exposed after Sahdevsinh Zala, an ONGC security inspector, received a tip-off about suspicious activity at an ONGC site in Kalol. Upon investigation, Zala’s team found a group of 10 people who presented fake appointment letters, ID cards, and salary slip...Read More