Oil & Natural Gas Corp. Ltd. ONGC

The MN-DW18-1-H-D well is the first in the Mahanadi Basin under ONGC’s Samudra Manthan campaign.

RIG secures an $80 million Equatorial Guinea deal, keeping Deepwater Conqueror contracted after its Gulf of Mexico assignment ends.

The investment will fund the drilling of 87 wells by March 2031, according to ONGC chairman and CEO A K Singh.

India is increasingly sourcing crude from a wider range of suppliers as price and Middle East supply disruptions reshape its oil imports.

Chevron Corporation (NYSE:CVX), GE Vernova Inc. (NYSE:GEV), India’s ONGC, Italy’s Eni and Colombia’s GeoPark are reportedly close to signing final agreements for energy projects in Venezuela after months of negotiations. Most of the agreements would move existing oil contracts under Venezuela’s amended hydrocarbons law, which gives foreign companies more flexibility to operate and expand fields, […]

ONGC plans to invest about $200 million to revive Venezuela’s San Cristobal oilfield and ultimately restore production to as much as 50,000 barrels per day.

Transocean (RIG) has drawn fresh attention after securing a two year, approximately US$300 million Letter of Award with Oil and Natural Gas Corporation Limited in India for the Dhirubhai Deepwater KG2 drillship. See our latest analysis for Transocean. At a share price of US$5.92, Transocean has seen its 30 day share price return rise 11.70%, even though the 90 day share price return declined 13.07%. Over the past year, total shareholder return is 94.74%, while the three year total shareholder...

Transocean stock has delivered a strong 94.7% return over the past year, yet its valuation picture is mixed, with a Discounted Cash Flow (DCF) estimate pointing to roughly 12.4% upside while market multiples suggest the shares are on the expensive side rather than a clear bargain. Transocean's 94.7% 1 year return highlights how quickly sentiment has improved, which raises the bar for any further upside to be supported by fundamentals. The new US$300 million ultra deepwater drillship award...

Earlier in August 2026, Transocean Ltd. announced a two-year binding Letter of Award from India’s Oil and Natural Gas Corporation (ONGC) for the Dhirubhai Deepwater KG2 ultra-deepwater drillship, expected to begin operations in the first quarter of 2027 and generate about US$300 million in contract value including services and mobilization fees. The agreement’s additional two years of priced options, which could keep the rig working offshore India into early 2031, materially bolsters...

RIG lands a two-year ONGC drillship award worth about $300 million, with priced options that could extend deployment in India into early 2031.

The drilling campaign is scheduled to begin in Q1 2027, with an expected contract value of around $300m.

Transocean announced on Thursday that it had signed a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India.

STEINHAUSEN, Switzerland, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 with ONGC in India. The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value, inclusive of additional services and mobilization fees. The contract includes two years of priced options that, if fully exercised, would result in the drillship worki

ONGC has secured U.S. sanctions clearance to resume operations in Venezuela and pursue a larger role in its oil projects.

Company navigates rig de-hiring cycle with strong cash position and optimistic redeployment outlook, despite pricing pressure and legal overhang.

The scope covers the Pipeline Replacement Project (PRP-X) and Well Head Platforms Project.

The consensus analyst price target for Oil and Natural Gas has been trimmed from ₹308.10 to ₹299.43, a modest cut of about 2.8% that still keeps expectations in a relatively tight range. Recent analyst commentary frames this adjustment as part of a broader recalibration, with views split between those who see the long term story as intact and those who are more cautious about execution and earnings quality. As you read on, you will see how this evolving narrative might shape the way you track...

ONGC posts highest-ever quarterly standalone profit before tax of INR22,848 crores, driven by a 45% revenue surge, while navigating HPCL losses and KG-DWN-98/2 production challenges.