Mumbai (Maharashtra) [India], August 5: Hazoor Multi Projects Ltd. (HMPL), one of India's fastest-growing infrastructure and engineering enterprises, is pleased to announce the successful acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo) through a competitive Swiss Challenge b
Hyderabad (Telangana) [India], August 1: BINDZ, a leading offshore financial consulting firm, has further expanded its operations in India with the opening of a second delivery center in Hyderabad. This strategic move comes in response to growing demand for offshore financial advisory and co
India is witnessing a renewed surge in oil and gas exploration, particularly in offshore regions, underscoring the country's vast untapped hydrocarbon potential, said Petroleum Minister Hardeep Singh Puri in a written reply to a starred question in the Rajya Sabha.
The newly added well is expected to yield approximately 40 million cubic feet of natural gas per day, according to Sada El-Balad, a media partner of TV BRICS. This development marks another milestone in the country's broader strategy to strengthen energy security and accelerate the exploitat
The 117-meter-long vessel will have a range of 5,000 nautical miles, a crew capacity of 11 officers & 110 personnel, and a top speed of 23 knots, as per the ministry.
Global Capability Centers (GCCs) are offshore units established by multinational companies to centralize and enhance various business functions, leveraging global talent and technology.
Police beefed up the security along the Raigad coastline after the Indian Coast Guard, informed the ICG Murud in the Raigad district that a 'suspicious' Pakistani boat had been spotted 2.5 to 3 nautical miles offshore near the Korlai coast.
In a roundtable with representatives of the Offshore Energy Cluster in Bergen, Norway, the Union minister held discussions on technologies including well services, subsea operations, testing, maintenance operations, drilling tools, drilling submersible rigs, well completion services, high pr
The shipbuilding arm of HD Hyundai, HD Korea Shipbuilding & Offshore Engineering, signed a comprehensive memorandum of understanding with India's largest state-owned shipbuilder, Cochin Shipyard Limited (CSL), marking a major step in expanding its footprint in the world's most populous m
Mumbai (Maharashtra) [India], July 1: ABS Marine Services Limited (NSE: ABSMARINE), is one of the leading maritime companies offering comprehensive services in Ship Management, Vessel Ownership, Marine and Port Services, has announced two key developments that will enhance its offshore capab
Shenzhen [China], July 1: Recently, TCL Technology Group Co., Ltd. ("TCL Technology", the "Group") announced the Group's first sustainability-linked syndicated loan, with a total amount of US$200 million. This is considered to be the first sustainability-linked offshore syndicated loan in Ch
The Ministry of Finance on Friday addressed recent media reports concerning an increase in money deposited by Indian entities in Swiss bank accounts, providing an update on India's ongoing efforts to combat offshore tax evasion through international exchange of information.