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oil and natural gas corporati News & Updates - July 3, 2024


ONGC to commence drilling for India's first geothermal project in Ladakh 
Automotive Industries   -  Apr 24,2024
ONGC plans a geothermal project in Ladakh, set to launch drilling this June. Aimed at emission-free electricity, heating, and irrigation, it addresses Ladakh's unique energy needs. The company ai .


ONGC awards PMC contract to NET Enterprise
Automotive Industries   -  Apr 23,2024
ONGC awarded a contract to Nauvata Energy Transition (NET) Enterprise and PERC Engineering for FEED and PMC services. The contract covers concept study and bid package preparation for developments in .


ONGC to invest upto Rs 35,000 crore for 5 GW solar, wind energy
Power Generation   -  Dec 12,2023
Oil and Natural Gas Corporation (ONGC) is planning to invest Rs 30,000 to Rs 35,000 crore for the first phase of solar and wind energy projects, targeting five GW capacity by 2030. The investment will .


ONGC to start commercial oil production from KG block
Petroleum   -  Dec 05,2023
ONGC to commence commercial crude oil production in May 2024 from its delayed flagship deep-sea project in the Krishna Godavari basin. The KG-DWN-98/2 project faced geological challenges and implement .


ONGC to start crude oil production from $5 billion project off Andhra coast
Petroleum   -  Nov 21,2023
ONGC's USD 5 billion project off Andhra Pradesh's coast begins oil production in two weeks, supporting local output. The KG-DWN 98/2 deep-sea project aims for seven to eight million standard .


ONGC to invest Rs 1 trillion to establish two petrochemical plants
Infrastructure   -  Nov 16,2023
ONGC announces a Rs 1 lakh crore investment in two petrochemical plants for converting crude oil into high-value chemicals, aligning with energy transition goals. Crude oil, a primary energy source, w .


ONGC to pump crude from $5 billion project off Andhra coast
Infrastructure   -  Nov 14,2023
ONGC is set to commence oil production from its long-delayed flagship deep-sea project in the Krishna Godavari basin this month. The Cluster-2 project in KG-DWN-98/2 block, Bay of Bengal, aims to reve .


McDermott secures transportation and installation contract by ONGC
Infrastructure   -  Nov 09,2023
McDermott has secured a significant transportation and installation contract from the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project. The contract involves the movement .



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