Reliance plans to utilize India’s dedicated external commercial borrowing route to secure the loan
Reliance Industries
Posted inExploration & Production
India’s Reliance Industries to restructure EPC business
The realigned EPC resources will further strengthen the company’s EPC delivery capabilities, the firm said
Posted inNews
India’s Reliance to reevaluate $15 billion deal with Saudi Aramco
The sale had been in process since August 2019.
Saudi Arabian oil giant Saudi Aramco and Reliance, India’s largest petrochemical firm, have mutually agreed to reevaluate a $15 billion deal for Aramco to purchase a 20 percent stake in Reliance’s oil-to-chemical business. The sale had been announced in 2019, but progress has been slow. Oil prices crashed last year due to a huge demand […]
Posted inProducts & Services
Saudi Aramco to buy 20% stake in Reliance refining arm for $15bn
The deal would be among the largest foreign investments made in India, and would support Saudi Aramco’s push to expand into the Asian downstream market
Posted inDRILLING & PRODUCTION
Saudi Aramco Reliance stake acquisition ‘in advanced stages’: S&P Global Platts
The company is reportedly close to finalising what stake Aramco will take in the Indian company’s downstream arm
Posted inProducts & Services
India’s Reliance ditches Oman offshore project
Abandoning block 18, explorer will now concentrate on block 41 onshore
Posted inProducts & Services
Transocean deepwater drillship bound for India
Oil & Natural Gas Corp & Reliance to operate offshore drilling vessel