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ONGC and bp Sign Pact to Boost Hydrocarbon Production in Western Offshore Basin

Newsmantra — Fri, 26 Jun 2026 11:57:54 +0000

NEW DELHI. Oil and Natural Gas Corporation and bp have signed a Technical Services Contract to enhance production from ONGC’s mature fields in the Western Offshore Basin of the Arabian Sea. As India’s most prolific offshore hydrocarbon region, the area is critical to national energy security. Building on recent progress at Mumbai High, the collaboration will deploy advanced technologies and global expertise to maximize recovery efficiency, moderate natural decline, and sustain long-term oil and gas output. Under the terms of the agreement, ONGC will retain complete ownership and full operational control of all assets.

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ONGC, Oil India Sign MoU for Joint Oil and Gas Exploration

Newsmantra — Mon, 02 Feb 2026 08:03:04 +0000

NEW DELHI. Oil & Natural Gas Corporation Limited and Oil India Limited have signed a Memorandum of Understanding at India Energy Week 2026 in Goa to explore opportunities for collaboration in oil and gas exploration. The agreement, signed by senior officials of both companies, provides a framework for technical cooperation and evaluation of joint participation in exploration activities, particularly under the Open Acreage Licensing Policy Round X and future bid rounds across Indian sedimentary basins. Officials said the partnership will combine the expertise of both PSUs to improve exploration efficiency and contribute to strengthening India’s energy security.

The agreement was formally inked by Shri Dinesh Singh, Chief General Manager (Geology), ONGC, and Shri D. S. Manral, Executive Director (E&D), OIL.

A commemorative coin was released recognising CPCL’s sixty years of refining operations

Newsmantra — Mon, 02 Feb 2026 07:42:13 +0000

NEW DELHI. A commemorative coin recognising CPCL’s sixty years of refining operations was released at the India Energy Week (IEW) 2026 event in Goa by Shri Hardeep Singh Puri, Hon’ble Minister of Petroleum and Natural Gas, in the presence of Shri Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, and Shri A. S. Sahney, Chairman, IndianOil and CPCL. Shri H. Shankar, Managing Director, CPCL, and Shri S. G. Venkatesh, Director (Technical), CPCL, were also present on the occasion.