India upstream news

Multiple energy companies, both domestic and international, have submitted bids for the ninth round of India's Open Acreage Licensing Policy (OALP-9), as confirmed by the Directorate General of Hydrocarbons (DGH), the country's upstream regulator.

The contract, valued at around Rs14.02 billion (US$167 million), is for production enhancement operations at ONGC's mature fields in the Rajahmundry asset.

3t Drilling Systems has announced a new agreement with the Oil and Natural Gas Corporation (ONGC) for the provision of its simulator technology.

Prime Minister Shri Narendra Modi flagged off the ‘first crude oil’ tanker ‘Swarna Sindhu’ from ONGC’s Krishna Godavari deepwater block. At its peak production, this project will add 7% each to India’s oil and gas production.

Cairn Oil & Gas has submitted a field development plan to produce more than 2000 boe/d day from its Jaya block.

McDermott has been awarded a transportation and installation contract by the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India.

Schlumberger will provide Oilex with hydraulic fracturing services, coiled tubing and nitrogen services and perforation services for the planned re-frac of the Cambay C-77H well in Gujarat, India, in July 2022.

McDermott has delivered the U-Field for ONGC's KG-DWN 98/2 Block project, located in the Bay of Bengal off the east coast of India.

Petrofac has been awarded two new contracts with Cairn Oil & Gas, Vedanta Ltd.

The JV will see the creation of an OCTG 130 000 ft2 threading plant in Nashik, India, targeted to be operational by the end of 2022.