ONGC Faces Halliburton Vessel Delays

17 Apr 2024 CW Team

ONGC (Oil and Natural Gas Corporation) finds itself in a challenging situation as Halliburton, the oilfield services company, delays the provision of well stimulation vessels. This delay poses significant hurdles for ONGC's offshore operations, impacting its drilling and production activities.

The delay in the deployment of well stimulation vessels by Halliburton has disrupted ONGC's plans to enhance the productivity of its oil and gas wells. Well stimulation is a crucial process in the oil and gas industry, aimed at improving the flow of hydrocarbons from reservoirs to surface facilities.

ONGC's offshore assets, particularly in the Western and Eastern Coasts of India, heavily rely on well stimulation activities to maintain optimal production levels. The delay in receiving the necessary vessels from Halliburton has led to operational setbacks and production losses for ONGC.

The situation highlights the challenges faced by oil and gas companies in managing their supply chain and ensuring timely access to critical services and equipment. Delays in well stimulation activities can have far-reaching implications for ONGC's revenue and operational efficiency.

ONGC is actively working to address the delay and mitigate its impact on its operations. The company is exploring alternative solutions to fulfil its well stimulation requirements while engaging with Halliburton to expedite the deployment of the necessary vessels.

Efforts to resolve the delay underscore ONGC's commitment to maintaining uninterrupted operations and maximising the productivity of its oil and gas assets. As the situation unfolds, stakeholders will closely monitor developments and assess the impact on ONGC's performance in the oil and gas sector.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..