Oil Rigs

Jump to

Megha Engineering arm Drillmec to set up $200-million oil rigs hub in Telangana

Meil's Italian arm says the global hub will have a manufacturing facility for oil rigs and ancillary equipment, an R&D centre, and a centre of excellence
Brent, US crude fall on oversupply, poor China data

Exports fell 8.3 percent in July, the biggest decline in four months, as weaker global demand for Chinese goods and a strong yuan policy hurt manufacturers.
Oil tumbles in Asia as Greek vote shakes world markets

Greek voters overwhelmingly rejected the bailout terms demanded by international creditors, with official figures from Sunday's referendum showing 61.31 percent voting "No" and 38.69 percent voting "Yes".
Offshore fleet upgrade forces moves on older units

Growing demand for new offshore oil rigs, partly driven by the Gulf of Mexico spill last year, has led to a spurt of building in shipyards and raised tough questions about what to do with the old rigs.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Oil Rigs

Megha Engineering arm Drillmec to set up $200-million oil rigs hub in Telangana

Brent, US crude fall on oversupply, poor China data

Oil tumbles in Asia as Greek vote shakes world markets

Offshore fleet upgrade forces moves on older units