In a significant development in the salvage operations of MV Wan Hai 503, the vessel's tow was successfully transferred from Indian Coast Guard (ICG) ships to the ocean-going tug Offshore Warrior on 13 June 2025. This shift was essential to progress the operation, as ICG vessels have limite
Goa Shipyard, a premier defence Public Sector Undertaking under the Ministry of Defence, marked a significant milestone in the nation's maritime capability-building journey with the keel laying of Yard 1283; the fourth ship in the prestigious Next Generation Offshore Patrol Vessel (NGOPV) se
Minneapolis (Minnesota) [US] / Bengaluru (Karnataka) [India], June 4: L&T Technology Services (BSE: 540115, NSE: LTTS), a leading global engineering and technology services company, signed a strategic agreement with Tennant Company (NYSE: TNC), a world leader in sustainable cleaning solu
A joint venture of Oil and Natural Gas Corporation Limited (ONGC), Hardy Exploration and Production (India) Inc., and Invenire Petrodyne has successfully commenced production from the PY-3 Field, located offshore in the Cauvery Basin on the east coast of India, ONGC said in a statement Sunda
NMDC Energy PJSC, a provider of engineering, procurement, and construction services for offshore and onshore energy clients, has signed a strategic Memorandum of Understanding (MoU) with Al Gharbia, the Abu Dhabi based advanced pipeline manufacturer, to explore ways to accelerate pipe produc
In a landmark achievement for India's energy sector, the Panna-Mukta and Tapti (PMT) joint venture partners - Shell (through BGEPIL), Reliance Industries, and Oil and Natural Gas Corporation (ONGC) have successfully completed the country's first offshore facilities decommissioning project wi
China's yuan hit a 19-month low against the US dollar after the central bank set a weaker reference rate, signalling a possible shift in its currency strategy amid rising trade tensions with Washington.
Singapore, April 9: Ascentium, a leading global business services platform headquartered in Singapore, is pleased to announce it has joined forces with Harneys Fiduciary, a global provider of corporate, funds and trust services. This collaboration brings together our complementary strengths
Defence Minister Rajnath Singh on Saturday flagged off the Indian Navy's Offshore Patrol Vessel INS Sunayna from the Karwar Naval Base in Karnataka as the Indian Ocean Ship SAGAR (Security and Growth for All in the Region) marking a key milestone in India's maritime outreach initiative, a
New Delhi [India], April 3: Empire Foods, one of the largest importers and distributors of premium frozen and chilled food products in India, is pleased to announce a landmark tie-up with Oceanpick, South Asia's first and only commercial-scale offshore finfish farm. With this collaboration,
In a letter to Prime Minister Narendra Modi, Gandhi criticized the Offshore Areas Mineral (Development and Regulation) Amendment Act, 2023, which he said had faced strong objections due to concerns over its environmental and socio-economic impact. He pointed out that the decision to open
QatarEnergy LNG, an LNG company, has awarded an Ultra Mega Offshore Contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4) to Larsen & Toubro Limited (L&T) Hydrocarbon Business (L&T Energy Hydrocarbon - LTEH), marking the largest single