+
Cochin Port and Oil India Partner for Offshore Exploration Support
ECONOMY & POLICY

Cochin Port and Oil India Partner for Offshore Exploration Support

The Cochin Port Authority (CoPA) has signed a Memorandum of Understanding (MoU) with Oil India (OIL) to establish a shore base facility supporting offshore oil exploration in the Kerala-Konkan Basin. The agreement was formalised at a ceremony held at CoPA, Willingdon Island, on 12 June 2025, in the presence of senior officials from both organisations.

Under the partnership, Cochin Port will provide critical logistics infrastructure for OIL’s offshore drilling operations, expected to begin later in 2025. The planned shore base will include a dedicated warehouse, dry bulk handling plant, and an exclusive jetty to support 24/7 vessel operations.

The facility is intended to streamline offshore support services such as berthing, refuelling, dry bulk transfer, potable water supply, and shore power connectivity. This collaboration reinforces Cochin Port’s role as a key node in India’s energy logistics chain and supports OIL’s efforts to tap promising reserves in the Kerala-Konkan offshore block.

The MoU is initially valid for 12 months from June 2025, with provisions for extension based on the project’s progress. Environmental safeguards and operational safety will be prioritised throughout the project. OIL has committed to deploying eco-friendly and low-noise equipment in line with port and state environmental regulations.

This strategic initiative is expected to strengthen infrastructure-driven support for India’s growing offshore energy ambitions.

News source: PIB


The Cochin Port Authority (CoPA) has signed a Memorandum of Understanding (MoU) with Oil India (OIL) to establish a shore base facility supporting offshore oil exploration in the Kerala-Konkan Basin. The agreement was formalised at a ceremony held at CoPA, Willingdon Island, on 12 June 2025, in the presence of senior officials from both organisations.Under the partnership, Cochin Port will provide critical logistics infrastructure for OIL’s offshore drilling operations, expected to begin later in 2025. The planned shore base will include a dedicated warehouse, dry bulk handling plant, and an exclusive jetty to support 24/7 vessel operations.The facility is intended to streamline offshore support services such as berthing, refuelling, dry bulk transfer, potable water supply, and shore power connectivity. This collaboration reinforces Cochin Port’s role as a key node in India’s energy logistics chain and supports OIL’s efforts to tap promising reserves in the Kerala-Konkan offshore block.The MoU is initially valid for 12 months from June 2025, with provisions for extension based on the project’s progress. Environmental safeguards and operational safety will be prioritised throughout the project. OIL has committed to deploying eco-friendly and low-noise equipment in line with port and state environmental regulations.This strategic initiative is expected to strengthen infrastructure-driven support for India’s growing offshore energy ambitions.News source: PIB

Next Story
Infrastructure Urban

Companies in GIFT City IFSC Cross 400 Mark

As of July 31, 2025, a total of 409 companies are operating in the Gujarat International Finance Tec City – International Financial Services Centre (GIFT IFSC), Finance Minister Nirmala Sitharaman informed Parliament.In a written reply in the Lok Sabha, she highlighted that the number of firms in GIFT IFSC has grown nearly fivefold in less than five years — from 82 on October 1, 2020, to 409 by July 2025.The centre now hosts a wide range of entities, including those in banking, asset management, and allied services, alongside other financial segments.To support GIFT IFSC’s growth, the go..

Next Story
Infrastructure Urban

GMDA to Prepare Fresh DPR for Naurangpur Sewage Treatment Plant

The Gurugram Metropolitan Development Authority (GMDA) will prepare a fresh detailed project report (DPR) for the proposed 40 million litres per day (MLD) sewage treatment plant (STP) at Naurangpur. The move comes after it was found that a high-tension power line and a 24-metre-wide road pass through the site allocated for the project, requiring a revised plan.According to officials, the original 3.65-acre land parcel transferred from the Municipal Corporation of Manesar (MCM) was reduced to 2.89 acres following the road development. The presence of the power line further divided the land into..

Next Story
Infrastructure Transport

PM Inaugurates Bihar Highway and New Ganga Bridge

Prime Minister Narendra Modi will inaugurate a key highway project on Friday, connecting Aunta (Mokama) and Simaria (Begusarai), featuring a newly built 1.865-km bridge across the Ganga.The project establishes direct road connectivity between Mokama in Patna district and Begusarai. The bridge has been constructed parallel to the old two-lane rail-cum-road Rajendra Setu, which is currently under repair and restricts heavy vehicle movement.The new bridge will allow heavy vehicles to avoid a detour of nearly 100 km while travelling between north Bihar districts such as Begusarai, Supaul, Madhuban..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?