Oil India to Lease Seven Drilling Rigs

© Lucasz Z / Adobe Stock
© Lucasz Z / Adobe Stock

State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.

The company has already deployed over 20 rigs, including one offshore rig, Rath added.

Oil India is also searching for an additional offshore drilling rig for the Kerala-Konkan basin, alongside other onshore drilling rigs, he said.


(Reuters - Reporting by Nidhi Verma; Editing by Tasim Zahid)

Current News

France Picks Ocean Winds for 250MW Floating Wind Farm in Mediterranean

France Picks Ocean Winds for 2

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Vestas Lands First 15MW Offsho

EDF, Maple Power to Develop 250MW Floating Wind Farm in France

EDF, Maple Power to Develop 25

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Shell Shuts Down Oil Processin

Subscribe for OE Digital E‑News

Offshore Engineer Magazine