HomeNewsBusinessExclusive: ONGC says no impact of cyclone as rigs were already shifted

Exclusive: ONGC says no impact of cyclone as rigs were already shifted

The company moved 36 rigs in the pre-monsoon rig move period – from the last week of March till the end of May 2023 -- in the western offshore, ONGC told Moneycontrol.

June 23, 2023 / 11:16 IST
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ONGC says no impact of cyclone as rigs were moved ahead of it
ONGC says no impact of cyclone as rigs were moved ahead of it

Oil and Natural Gas Corporation Ltd (ONGC) says there is no impact of Cyclone Biparjoy as the oil giant moved 36 rigs in the western offshore, much ahead of the cyclone.

ONGC shifted 36 rigs in what it calls the pre-monsoon rig move period – from the last week of March till end of May 2023 -- in the western offshore, the company told Moneycontrol on June 22.

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No more rig moves are planned till the end of the monsoon season this year as all rigs have been deployed at their monsoon locations.

This move was carried out on the western coast, which was hit by Cyclone Bipayjoy in Gujarat, in mid-June. The state-owned oil PSU said that after Cyclone Tauktae in 2021, it has updated its cyclone ERP (Emergency Response Plan) to ensure the safety of its rigs.