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GE and Larsen and Toubro sign MoU to manufacture equipment for deep water projects
August 2016
Contributing to India’s exploration and production (E&P) activities in the oil and gas sector, GE has signed an exclusive MoU with L&T Hydrocarbon Engineering Limited, a wholly-owned subsidiary of Larsen & Toubro (L&T). Together, the firms will partner in the manufacture of subsea manifolds destined for future deep water projects in the Krishna-Godavari basin on the east coast of India
Exploration Expert
August 2016
Utpal Bora has taken over as the Chairman and Managing Director of Oil India Ltd (OIL), the country´s second-biggest state-owned oil and gas explorer. Bora, who was Executive Director at Oil and Natural Gas Corporation (ONGC) before this appointment, is the first full-time Chairman of OIL in more than a year.
Will Oil Prices Persist at Low Levels
November 2015
In the next few years, global oil prices will hinge on factors like global economic growth, China´s focus on heavy industries, US oil production, OPEC output quotas and additional future flows from Iran if sanctions are lifted.
Unstoppable giant
January 2015
With an integrated presence across the hydrocarbon value chain and a rich heritage legacy behind it, ONGC is all set to enhance its exploration activities.
Manish Maheshwari is new CEO of Essar Oil´s E&P business
December 2014
Essar Oil Ltd has announced the appointment of Manish Maheshwari as Chief Executive Officer of its Oil & Gas Exploration and Production (E&P) business. As CEO-E&P, he would be responsible for Essar´s entire E&P business, which includes 15 blocks
Cairn India ranked world's fastest-growing O&G firm
December 2011
The company was ranked fastest-growing oil and gas exploration firm in the world. With a 3-year compounded growth rate (CGR) of 116.5 per cent, it was ranked by Platts as fastest-growing E&P company in 2010
Cairn India ranked world's fastest-growing O&G firm
December 2011
The company was ranked fastest-growing oil and gas exploration firm in the world. With a 3-year compounded growth rate (CGR) of 116.5 per cent, it was ranked by Platts as fastest-growing E&P company in 2010
HPCL may acquire African oil and gas block
November 2011
Hindustan Petroleum Corporation (HPCL) may acquire an oil and gas block in Africa through its subsidiary Prize Petroleum. The company's move is part of the overall attempt by oil companies to venture into the more lucrative oil and gas-producing business.
HPCL may acquire African oil and gas block
November 2011
Hindustan Petroleum Corporation (HPCL) may acquire an oil and gas block in Africa through its subsidiary Prize Petroleum. The company's move is part of the overall attempt by oil companies to venture into the more lucrative oil and gas-producing business.
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