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Hindustan Oil Exploration Company Limited was incorporated in 1983, It is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore. The company is India's first private E&P company and its assets are geographically spread across Tamil Nadu, Maharashtra, Gujarat, Assam and Arunachal Pradesh (both offshore and onshore).
Company is examining HPCL's claim of high chloride content in 54.6 TMT crude from Block B-80. HOEC states no loss, damage, or claim is attributable to it and will engage HPCL for resolution, noting prior supplies were quality-issue free.
Hindustan Oil Exploration Company announced its 41st Annual General Meeting will be held virtually. Details for e-voting and attending will be provided. A book closure period is set to determine shareholder eligibility. Key corporate governance update.
HOEC's Block B-80 sees key progress! FSO vessel successfully re-moored. Production from wells D1 & D2 has recommenced and is stabilizing. Positive operational step, paving the way for renewed cash flow.
Hindustan Oil Exploration has announced a board meeting to review the financial results for the quarter and half-year. Production from its Block B-80 offshore field is temporarily suspended due to adverse weather forcing de-mooring of the Floating Storage Offshore (FSO) unit. The marine team is monitoring conditions and plans to...
Hindustan Oil Exploration Company has announced a board meeting to discuss the financial results for the quarter and half-year. The company appointed Ernst & Young LLP as its new Investor Relations Advisor, replacing Valorem Advisors, aiming to strengthen stakeholder communication. No changes in shareholding or control arose from this appointment.