After Defence, ADAG Reliance Group announces entry into oil and gas services sector with ALLRIG of USA

Oil and gas services sector is a new stream for Anil Ambani’s Reliance Group that is currently creating big waves in the defence sector.

After Defence, ADAG Reliance Group announces entry into oil and gas services sector with ALLRIG of USA

In line with the Modi government’s Act East Policy, the Anil Ambani controlled Reliance Group has announced an association with ALLRIG Inc of USA, a partnership that will cater to the oil & gas services sector in South-East region including India.

Adani Ports and SEZ to Acquire Abbot Point Bulkcoal Pty Ltd (APB), Queensland, Australia

“This acquisition is a testimony of Adani Ports’ experience and expertise in operating ports at global benchmarks. This also gives us a strategic foothold enhancing our experience of handling world-class fully automated terminals,” Karan Adani CEO, APSEZ said.

Adani Ports and SEZ to Acquire Abbot Point Bulkcoal Pty Ltd (APB), Queensland, Australia

In a bid to enhance its operational foothold, Adani Ports and SEZ will soon acquire ownership of Abbot Point Bulkcoal Pty Ltd (APB), an Australian registered company performing the operations and maintenance activities of Abbot Point Coal Terminal in Queensland, Australia. The Adani Group is one of India’s leading business houses with revenue of over $10 billion.

LNG soon to be the fuel for barges : Haldia Dock earmarks land for LNG storage facilities

LNG soon to be the fuel for barges : Haldia Dock earmarks land for LNG storage facilities

The Haldia Dock Complex under Kolkata Port Trust has recently earmarked about 10 acres of land in the vicinity of Haldia Oil Jetty No. 1 for a period of 30 years for setting up of LNG storage facilities, with permission to lay pipelines and install unloading arms through tender cum auction.