Norwegian Company Rocksource to buy 10% in ONGC Cauvery block

14/03/2008 :: Norway is the world’s fifth largest hydropower producer and the only industrialized nation able to meet its domestic power demand almost exclusively through hydropower. + More

20/07/2007 :: Oil majors Reliance Industries Limited, ONGC and Eni of Italy have decided to snare the scarce resource – rigs. They have mandated Norwegian firm Rig Management Norway (RMN) to contract a deepwater rig on their behalf for five years. The rig will be shared by the trio for undertaking their respective exploration & production (E&P) activities in the east coast. + More

04/07/2007 :: Hydro and the Indian state oil company ONGC signed an agreement in Delhi on July 2. The agreement gives Hydro access to exploration acreage on the India shelf, mostly in deep water, and Hydro will also enter block 98/2 in the KG basin on the Indian East Coast with a10% equity share. + More

03/01/2007 :: The Norwegian companies Hydro and Statoil are merging their oil and gas operations to form the world’s largest offshore operator. + More