Search for Bay of Bengal

12.05.2014 India’s RIL says gas price revision delay may stall investment

With the Oil Ministry indicating that a new gas price may be delayed by a quarter, Reliance Industries has said the postponement may stall $4 billion of investment in KG-D6 block's second-biggest gas field, Business Standard reported on May 9.

27.03.2014 Norway’s Statoil, ConocoPhillips awarded block for exploration offshore Myanmar

Together with partner ConocoPhillips, Statoil has been awarded a deep-water exploration block in the Myanmar waters of Bay of Bengal, Statoil’s press office said on March 26.

06.01.2014 India's ONGC to spend $9bn on new oil fields

Oil & Natural Gas Corp (ONGC), India’s biggest energy explorer, plans to spend about $9 billion (Rs 55,712 crore) over the next decade to produce crude oil and natural gas discovered in new blocks off the nation's east coast, Bloomberg reported on January 4.