Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Essar Oil Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Essar Oil Ltd, Oil & Gas Deals By Type, 2011 to YTD 2017 7
Essar Oil Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Essar Oil Ltd, Oil & Gas, Deals By Sector, 2011 to YTD 2017 9
Essar Oil Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Essar Oil Ltd, Oil & Gas, Deal Details 11
Equity Offering 11
Essar Oil Plans Public Offering Of Shares For US$603.5 Million 11
Debt Offering 12
Essar Oil Plans Public Offering Of Bonds 12
Acquisition 13
Rosneft Completes Acquisition Of 49.13% Stake In Essar Oil From Essar Energy For US$6.45 Billion 13
Trafigura And United Capital Complete Acquisition Of 49.13% Stake In Essar Oil From Essar Energy For US$6.45 Billion 15
Ruias Family Plans To Sell 25% Interest In Essar Oil 17
Essar Energy Holdings To Acquire 2.41% Stake In Essar Oil From Imperial Consultants and Securities For US$48.4 Million 18
Essar Group Promoters Plan To Sell Minority Interest In Essar Oil 19
Essar Oil Ltd – Key Competitors 20
Essar Oil Ltd – Key Employees 21
Essar Oil Ltd – Locations And Subsidiaries 22
Head Office 22
Other Locations & Subsidiaries 22
Recent Developments 24
Strategy and Business Expansion 24
Apr 10, 2017: Essar Oil Unveils Six New Filling Stations In Midlands, UK 24
Jan 10, 2017: United Spirits and Essar Oil collaborate for road safety in India 25
Aug 19, 2016: Essar Oil Looks To Increase Petrol Pump Network To 5,000 26
Recent Discoveries 27
Feb 23, 2016: Essar-ONGC Consortium Makes Gas Discovery In Mumbai Offshore; Opens Up New Exploration Play 27
Drilling and Production Updates 28
Jun 21, 2016: Essar’s Raniganj Block Becomes India’s First CBM Asset To Cross 1 Million Scmd Production Milestone 28
Jun 08, 2016: Greka Drilling Provides India Drilling Update 29
Financial Announcements 30
Jun 29, 2016: Essar Steel Pune Facility Records Turnaround Performance In FY 15-16 30
Feb 09, 2016: Essar Oil Reports Strong Performance For The Quarter Ended 31st December 2015 32
Other Significant Developments 34
Nov 23, 2017: Government Of India: Production Performance Of Oil & Natural Gas Sector For October, 2017 34
Nov 13, 2017: Rosneft Oil Reports Operating Results For Q3 And 9M 2017 37
Oct 25, 2017: Government Of India: Production Performance Of Oil & Natural Gas Sector For September, 2017 40
Sep 22, 2017: Government Of India: Production Performance Of Oil & Natural Gas Sector For August, 2017 43
Sep 06, 2017: Essar Oil Uk Plan To Invest $250 Million In Capex And Maintenance At Stanlow To Ramp Up Throughput, Improve Yields And Revenues 45
Aug 24, 2017: Government of India reports 0.53% decline in crude oil production 47
Jul 24, 2017: Government Of India: Production Performance Of Oil & Natural Gas Sector For June, 2017 50
Jun 02, 2017: Essar Projects Successfully Commissions Four Offshore Well Platforms For ONGC 53
May 22, 2017: Government Of India: Petroleum Minister Co Chairs India OPEC Institutional Dialogue At Vienna 54
Feb 28, 2017: Greka Drilling 50th Well Completed In India 56
Feb 14, 2017: Rosneft Oil Provides Operating Results For Q4 And 12M 2016 57
Jan 19, 2017: Government of India: Production Performance Of Oil & Natural Gas Sector For December, 2016 61
Dec 22, 2016: Essar Oil To Increase Number Of Petrol Pumps To 5,600 64
Dec 22, 2016: Government of India: Production Performance Of Oil & Natural Gas Sector For November, 2016 65
Nov 24, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For October, 2016 68
Oct 24, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For September, 2016 70
Sep 22, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For August, 2016 72
Aug 24, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For July, 2016 74
Aug 11, 2016: Rosneft Oil Provides Operating Results For Q2 2016 And H1 2016 76
Aug 07, 2016: Essar Oil To Invest More Than Rs 1,600 Crore To Upgrade Vadinar Refinery; Boost GRM By $1.50/BBL 79
Jul 26, 2016: Greka Drilling Operations Update 80
Jul 26, 2016: Greka Drilling Provides Operations Update 82
Jul 22, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For June, 2016 84
Jul 13, 2016: Essar’s Raniganj (East) Block Becomes India’s First CBM Asset To Cross 1 Million Scmd Production Milestone 86
Jun 21, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For May, 2016 87
May 20, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For April, 2016 90
Apr 25, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For The Month Of March, 2016 93
Apr 20, 2016: GDL: Mobilisation Of Rigs In India 96
Apr 14, 2016: Essar Ports Handles Record 6.25 MMT Cargo During March 2016 97
Mar 22, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For The Month Of February, 2016 98
Mar 10, 2016: Government Of India: Major Policy Initiatives To Give A Boost To Petroleum And Hydrocarbon Sector 101
Feb 23, 2016: Government Of India: Production Performance Of Oil & Natural Gas Sector For The Month Of January, 2016 105
Feb 05, 2016: Greka Drilling Announces Operations Update 108
Jan 11, 2016: Essar Oil Issues Tender To Sell Sulphur Diesel For Loading In April–September 2016 109
New Contracts Announcements 110
Jul 18, 2017: Essar Bulk Terminal Signs Agreement With Gmb For 1,100-metre Jetty Expansion At Hazira 110
Apr 06, 2017: Greka Declared Winner Of ONGC Contract 111
Feb 08, 2017: Essar Projects wins contract to build natural gas pipeline in India 112
Feb 15, 2016: Greka Drilling Announces Rig Contract Award In India 113
Appendix 114
Methodology 114
About GlobalData 114
Contact Us 114
Disclaimer 114
Essar Oil Ltd, Oil & Gas, Key Facts 2
Essar Oil Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 2
Essar Oil Ltd, Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Essar Oil Ltd, Oil & Gas Deals By Type, 2011 to YTD 2017 7
Essar Oil Ltd, Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Essar Oil Ltd, Deals By Sector, 2011 to YTD 2017 9
Essar Oil Ltd, Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Essar Oil Plans Public Offering Of Shares For US$603.5 Million 11
Essar Oil Plans Public Offering Of Bonds 12
Rosneft Completes Acquisition Of 49.13% Stake In Essar Oil From Essar Energy For US$6.45 Billion 13
Trafigura And United Capital Complete Acquisition Of 49.13% Stake In Essar Oil From Essar Energy For US$6.45 Billion 15
Ruias Family Plans To Sell 25% Interest In Essar Oil 17
Essar Energy Holdings To Acquire 2.41% Stake In Essar Oil From Imperial Consultants and Securities For US$48.4 Million 18
Essar Group Promoters Plan To Sell Minority Interest In Essar Oil 19
Essar Oil Ltd, Key Competitors 20
Essar Oil Ltd, Key Employees 21
Essar Oil Ltd, Other Locations 22
Essar Oil Ltd, Subsidiaries 23