The Category-III Kerala-Konkan Basin is considered a high-potential energy frontier. The well, planned to reach a depth of 6,000 metres, will be drilled about 20 nautical miles offshore, making it one ...

Oil India Limited has commenced its first deepwater drilling campaign in the Kerala-Konkan Basin, marking a significant step in India's energy independence. The 6,000-meter well aims to explore the ...

Bharat Petroleum Corp. Ltd. (BPCL) entered strategic memoranda of understanding with Oil India Ltd., Numaligarh Refinery Ltd., and Fertilisers & Chemicals Travancore Ltd. to ...

Energy sector major Oil India Limited has commenced a landmark offshore drilling campaign in the Kerala-Konkan Basin by spudding the first well, Union Minister for Petroleum and Natural Gas Hardeep ...

NEW DELHI, Feb 11 (Reuters) - Oil India Ltd (OILI.NS), opens new tab has signed an agreement with Petrobras (PETR4.SA), opens new tab to jointly bid for oil and gas exploration blocks in India, its ...

Brazilian state-controlled Petrobras is considering opportunities in deepwater and ultra-deepwater blocks in India, said chief executive Magda Chambriard, as the South Asian nation’s Minister of ...

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2024 has been another strong year for the offshore drilling market with high rig, OSV and subsea utilization and day rates. Analysts wonder whether oil prices will remain high enough to support the ...

Indian Prime Minister Narendra Modi has been performing a tricky balancing act – maintaining close partnerships with US President Donald Trump and Russia’s leader Vladimir Putin while insisting his ...

Russian President Vladimir Putin will visit India this week for a summit with Prime Minister Narendra Modi aimed at boosting ...