India’s ONGC to invest $3.5bn in western offshore assets
The firm is in talks with companies like Equinor, ExxonMobil, and Chevron to develop its offshore oil and gas assets.

The firm is in talks with companies like Equinor, ExxonMobil, and Chevron to develop its offshore oil and gas assets.
The two firms will also define the next steps, including maturing technical scopes for the CCS value chain.
For 2022, adjusted earnings, excluding special items, stood at $17.3bn while production was nearly 1.74 million barrels of oil equivalent per day.
The US shale industry has largely recovered from the pandemic woes
US government lifts sanctions against Venezuela; Chevron resumes oil production
Then and now: the new issue of Offshore Technology Focus is out now
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