The agreement covers the drilling of five natural gas wells in BP’s Mediterranean concessions, at depths ranging between 300 ...

The John Fredriksen-backed owner said a five-well deal has been agreed in Egypt for its 70,000-gt Valaris DS-12 (built 2014).

The new program follows bp’s exploration campaign in the first half of 2025, which led to two discoveries: Fayoum-5 and ...

This acquisition includes a 32% non-operated working interest in the P111 licence, which contains the Culzean field, and ...

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") announced today that it has been awarded a five-well contract with ...

State-run Oil and Natural Gas Corp. (ONGC) plans to save ₹9,300 crore by FY27 through various cost-optimization measures and operational efficiency improvements.

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The cost reduction would account for about 15% of the planned operational and capital expenditure cost of ₹62,000 crore ...

State-owned Oil and Natural Gas Corporation (ONGC) is preparing for a future where crude oil prices may settle around $60 per ...

BAKU, Azerbaijan, October 14. The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to ...

ONGC aims to cut oil production cost by 15% in two years, saving ₹9,000 crore by FY27. Learn about the strategic measures ...

ONGC has constituted a dedicated cost council to achieve significant savings across the organisation, targeting an overall 15 ...