
Platinum Explorer Heads to India for Three-Year ONGC Campaign
Vantage Drilling’s Platinum Explorer is heading to India for a three-year ONGC contract, marking its return to work after being largely idle in Malaysian waters this year.

Vantage Drilling’s Platinum Explorer is heading to India for a three-year ONGC contract, marking its return to work after being largely idle in Malaysian waters this year.

Oil and Natural Gas Corporation (ONGC) reported a fire at its Mumbai High SHP Platform on 4 April, injuring 10 personnel. The blaze was contained quickly and operations resumed.

ONGC issued a binding NOA to Vantage Drilling for the drillship Platinum Explorer: 3-year firm + 1-year option in India, estimated at $261M USD excl. MPD Services.

MOL and ONGC formed two joint ventures in Gujarat IFSC and signed 15-year charters for two 100,000 m3 VLEC newbuildings, scheduled for delivery from late 2028 or later for U.S.–India ethane transport.

ONGC and Reliance Industries have agreed to share deepwater resources off India’s east coast to reduce costs, accelerate projects and improve asset utilisation.

ONGC and Reliance Industries have agreed to share deepwater resources off India’s east coast to reduce costs, accelerate projects and improve asset utilisation.

ABL Group has secured a key contract to oversee rig movements and provide marine warranty services for ONGC’s offshore operations in India.
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