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Indian marine engineer held captive in Nigeria returns, thanks Centre

Santosh Bhardwaj, the marine engineer who was rescued after being held in captivity in Niger delta in Nigeria for over a month, on Thursday expressed gratitude towards the Centre for its efforts to......

Oil service firms jostle for India orders amid global spending cuts

Oilfield services firms are scrambling for contracts from India, which has emerged as a rare bright spot for the sector hardest hit by a slump in global crude oil prices that has driven most......

Six sectors that will open up market for India-US

In its communication to the Office of the US Trade Representative imploring the agency not to put India on its trade hit list when the Special 301 Foreign Trade Barriers report is released next......

CAG hauls up ONGC for hiring a 2nd rig from Reliance

The Comptroller and Auditor General of India has hauled up state-owned explorer ONGC for hiring a drilling rig from Reliance Industries without bidding and for no pressing reason. CAG, in a report......

ONGC hires drilling rig for Rs 2.39 cr per day

State-owned Oil and Natural Gas Corp (ONGC) has signed a contract to hire a long-idled ultra-deepwater drillship of US-based Transocean for $412,000 (about Rs 2.39 crore) per day. ONGC hired 'GSF......

CII asks oil ministry to withdraw price preference

The Confederation of Indian Industry has asked the ministry of petroleum and natural gas to withdraw for domestic companies and ensure a 'level playing field' among all categories of bidders."The......

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