Categories: Business

$20 billion bet: ONGC eyes its oil exploration programme with deep-water drilling rigs; eye on energy security

The company is also exploring partnerships with global energy majors such as BP, ExxonMobil, TotalEnergies and Petrobras as part of its strategy to reduce risks that are associated with exploration in capital-intensive frontier areas.

The News Vista

Share
Published by
The News Vista

Recent Posts

US vows toughest-ever Iran sanctions, presses China to help reopen Hormuz

The United States is preparing unprecedented sanctions against Iran. These measures aim to increase economic…

3 hours ago

Brent hovers near $94 as US-Iran conflict continues to squeeze energy supply

On Friday, oil prices held steady, with Brent crude nearing $94 per barrel amid ongoing…

3 hours ago

‘Pakistan a poor side’: Former England great delivers blunt verdict

Stuart Broad called Pakistan a poor side and expects England to win the series. Pakistan's…

3 hours ago

Rajya Sabha member’s son in soup after Aston Martin crash kills woman in Hyderabad

Madhapur police booked Lingamaneni Sanjush, son of MP Lingamaneni Ramesh, for rash driving. His Aston…

3 hours ago

IBM CEO Arvind Krishna on letter that sent stock down 25%, ‘worst day’ in history

The CEO of IBM took the bold step of revealing a financial deficit to stakeholders,…

3 hours ago