The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016.
Category: Oil & Gas
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Contract awarded for 31 Tamil Nadu oil fields
The Cabinet Committee on Economic Affairs (CCEA) has approved the award of 31 contract areas as part of the Discovered Small Field (DSF) Bid Round 2016.
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Petronet LNG Q3 net up 133percent at Rs.397 crore
Petronet LNG Ltd has more than doubled its net profit to Rs 397 crore in the third quarter ended December 31 as it handled record volumes of imported gas. Net profit in October-December at Rs 397 crore was 133 per cent higher than Rs 171 crore in the same period a year ago.
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HPCL Q3 net up 53percent at Rs.1,590 crore
Hindustan Petroleum Corporation Ltd (HPCL) has reported a 53 per cent rise in net profit for the October-December 2016 quarter owing to better operational performance. For the December 2016 ended quarter, HPCL's net profit was Rs 1,590.31 crore, 53 per cent higher from Rs 1,041.25 crore reported last year.
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Centre agrees to pay Rs.6,320 crore as oil royalty to Assam
The Centre has agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out-of-court settlement after eight years of protracted legal battle. The amount will be paid by the Central government to the Assam government over a
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L and T Hydrocarbon Engineering gets 5-year job order from Shell
Larsen and Toubro Hydrocarbon Engineering has said that it has signed a five-year framework agreement with Shell for engineering, procurement and construction management services.
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L and T arm bags Rs.1,100 crore contract
Larsen & Toubro Hydrocarbon Engineering has said that it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.
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Ace Pipeline completes GSPL pipeline project to supply Gujarat auto hub
In a step towards creating a world class automobile and ancillary manufacturing hub in Mandal-Becharaji taluka of Ahmedabad District, a pipeline to supply natural gas has been commissioned by Ace Pipeline.
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L and T arm bags Rs 1,100 crore contract from IOC
Larsen and Toubro Hydrocarbon Engineering has said that it has bagged orders worth Rs 1,100 crore from IOC for its Bongaigaon refinery in Assam.
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Centre agrees to pay Rs 6,320 crore as oil royalty to Assam
The Centre has agreed to pay Rs 6,320 crore to the Assam government as crude oil royalty as part of an out-of-court settlement after eight years of protracted legal battle.