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Krishna-Godavari Basin News

Reliance Industries Ltd

21 Sep 2018

Reliance shuts offshore oil-producing field in Krishna-Godavari basin

The closure marks the beginning of the end of the company`s first foray into oil and gas exploration and production that started in September 2008 when the field produced first oil.

L&T Hydrocarbon Engineering

14 Aug 2016

L&T Hydrocarbon eyes $1 billion worth projects in offshore biz

L&T expects the domestic offshore oil and gas industry to attract nearly USD 5 billion investments over the next 4-5 years, and is hopeful of bagging contracts worth USD 1 billion in the segment, a senior company official said.

24 Jan 2016

ONGC gets green nod for Rs 53,000 crore KG basin infra project

State-owned ONGC has got environmental clearance for drilling 45 development wells and other related infrastructure involving a cost of over Rs 53,000 crore in the Krishna-Godavari basin in Andhra Pradesh.

07 Dec 2014

ONGC to spend Rs 16,200 cr to drill 45 wells in KG-Basin

The oil and gas major has approached the Ministry of Environment and Forests seeking clearance for preparing terms of References, according to the minutes of meeting of Expert Appraisal Committee.

14 Nov 2014

Fresh guidelines to supersede UPA's policy: Centre to SC on gas pricing

The Rangarajan formula on gas pricing was approved by the previous UPA government. Rangarajan was Chairman, Economic Advisory Council to the then Prime Minister.

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