#oil-exploration
Bangladesh launches fresh offshore oil, gas tender with sweeter terms for foreign firms
Bangladesh is seeking foreign investment for offshore oil and gas exploration. The country aims to increase its domestic gas supply and lessen dependence on costly LNG imports. New production sharing contracts offer more attractive terms to international comp…
Oil India to ramp up exploration capex to ₹10,000 cr, boost output in FY27: CMD
OIL, India’s second-largest exploration and production company after Oil and Natural Gas Corporation, operates about 28 rigs and has recently mobilised two charter-hired rigs, with plans to add two more.