FilingReader Intelligence

Shell, Reliance, ONGC complete India's first offshore decommissioning

May 12, 2025 at 07:43 AM UTCBy FilingReader AI

Shell (BGEPIL), Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation Limited (ONGC) have successfully completed India’s first offshore facilities decommissioning project. The PMT joint venture safely removed five wellhead platforms in the Tapti field, plugged and abandoned 38 wells, and dismantled them at Chowgule Shipyard (CLSPL). Production from the Tapti fields ceased in March 2016. The milestone project underscores a commitment to responsible energy practices, and also strengthened domestic capabilities in offshore and onshore energy infrastructure, including local supply chains and contractor skills. Reliance Industries Limited (RIL) reported a consolidated revenue of INR10,71,174 crore (US$125.3 billion) and a net profit of INR81,309 crore (US$9.5 billion) for the year ended March 31, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Oil And Natural Gas Corporation publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →