Indian rig contracts (Business Opportunities - Advertising Service)
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Item ID 133615478 in Category: Business Opportunities - Advertising Service
Indian rig contracts | |
The Indian rig contracts market continues to witness steady activity driven by upstream exploration and development programs by major national oil companies like ONGC and OIL, as well as private sector players such as Vedanta and Reliance Industries. Indian rig contracts cover both onshore and offshore drilling operations, with an increasing focus on high-spec rigs capable of operating in deepwater and challenging geological terrains. In recent months, ONGC has floated multiple tenders for jack-up rigs and land rigs, signaling a revival in drilling campaigns across the Krishna-Godavari basin, Mumbai Offshore, and onshore assets in Assam and Gujarat. Indian rig contracts are increasingly incorporating digital rig monitoring, automated drilling systems, and stringent environmental compliance clauses, reflecting global best practices. This shift is helping boost efficiency, reduce downtime, and enhance safety Meanwhile, international rig contractors such as Shelf Drilling, Saipem, and Aban Offshore continue to maintain a strong footprint in Indian offshore blocks. Several of these players have secured long-term Indian rig contracts in 2024 and 2025, especially for projects in deepwater zones of the east coast. Indian Petroplus reports that the demand for rig services is set to increase with India’s ambition to raise domestic oil and gas production under the Hydrocarbon Vision 2040. The Indian rig contracts market is expected to remain competitive, with new opportunities emerging under Open Acreage Licensing Policy (OALP) blocks. Indian Petroplus continuously tracks upcoming rig tenders, contract extensions, and award details across the E&P value chain. With increasing exploration spending and government support for energy self-sufficiency, the Indian rig contracts segment is poised for robust growth in the coming years, Indian Rig Contracts, Rig Contracts India, Oil And Gas India, India Oil And Gas, Upstream India, Oil field Contracts, IndianPetroplus. #IndianRigContracts #RigContractsIndia #OilAndGasIndia #IndiaOilAndGas #UpstreamIndia #OilfieldContracts | |
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| Target State: All States Target City : Delhi Last Update : Jul 03, 2025 4:04 AM Number of Views: 27 | Item Owner : indianpetroplus Contact Email: Contact Phone: (None) |
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2025-08-25 (0.382 sec)