L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of engineering, procurement and construction (EPC) projects to defence multinational, Larsen & Toubro, has secured a contract from Oil & Natural Gas Corporation (ONGC) for their new living quarter (LQ) & Revamp at NQ Complex (NLRNC- RT2) project at Mumbai High.

Five public sector undertakings (PSUs) under Ministry of Petroleum & Natural Gas are all set to join the International Solar Alliance (ISA)’s Coalition for Sustainable Climate Action (ISA-CSCA) as corporate partners.

Public sector enterprises NTPC Ltd. and Oil and Natural Gas Corporation Ltd (ONGC) have signed a memorandum of understanding (MoU) to set up a joint venture (JV) company for the renewable energy (RE) business.

Ministry of Petroleum and Natural Gas inked contracts for seven blocks, awarded under Open Acreage Licensing Programme (OALP) Bid Round - IV. The government had launched the programme in August 2019.

The government will be signing Open Acreage Licensing Policy (OALP) round-1 contracts for 55 oil and gas exploitation areas.

Provision of revenue expenditure/subsidy for sensitive petroleum products of ~Rs 217 billion for FY2019 and 2018v19 (BE), excluding allocation of new LPG connections to poor families.

Essar Oilfields Services India Limited (EOSIL) announced that it has been awarded a one-year, Rs 32-crore contract by ONGC to drill 30 wells at the latter's coal bed methane (CBM) block in Bokaro, Jharkhand. The Company will be deploying the MR#11 land rig for the job.

Avery colourful legend has it that during the construction of the railway line from Dibrugarh to Margherita by Assam Railways & Trading Co (AR&TC) in 1867, a herd of logging elephants returned to the camp with their feet covered in crude oil. Even as this led the AR&TC personnel to look for seepages, the site engineer, WL Lake, reportedly cried out in excitement to his workers, 'Dig boy, dig!' on coming to learn about it.

Nitin Prasad, Chairman, Shell Companies in India feels that the government is on the right track with its measures to attract international investments into the oil and gas sector. Speaking to INFRASTRUCTURE TODAY on the sidelines of FICCI's Business and Climate Summit, he also touched upon the British-Dutch multinational's India plans.