India’s ONGC awards multi-well deal

Drilling company Greka has been tapped to drill 73 coalbed methane wells for ONGC on its Bokaro asset, the Chinese independent announced on Thursday.

The company, which specialises in digging unconventional oil and gas wells, beat 16 competitors to the three-year integrated drilling deal.

Greka will utilise the semi-automated GD75 drilling unit for the job, estimated to be worth USD 15 million in total.

“While the Company has already demonstrated its expertise in India for its existing client, Essar Oil Limited, the winning of the ONGC tender against 16 other well established drilling contractors is a confirmation of Greka Drilling’s mastery within the coal bed methane niche,” Chairman and CEO Randeep S. Grewal said in a press release.

Recent Posts

Petronas makes discovery off Suriname

Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More

2 hours ago

Japan’s JERA slates $32 billion for LNG, renewables, new fuels

Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More

3 hours ago

Chevron planning UK North Sea exit

Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More

4 hours ago

Seatrium wins yet more FPSO work in Guyana

Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More

11 hours ago

Diamond Offshore seals $350-million Gulf of Mexico deal

Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More

17 hours ago

ExxonMobil makes deepwater discovery off Angola

ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More

1 day ago

This website uses cookies.