ONGC onboards BP Exploration as Technical Services Provider for Mumbai High Field
Oil major ONGC has onboarded BP Exploration as Technical Services Provider for its Mumbai High Field, a multi-layered field located in the Mumbai offshore area.
ONGC
ONGC gives up shale gas hunt midway the first exploration
ONGC has aborted shale gas exploration programme before completing even the first phase of the programme search
Govt plans to sell a 60% stake in 15 ageing oil field to private firms
Eleven of these oil fields are owned and operated by the Oil and Natural Gas Corporation (ONGC) and four by Oil India Ltd (OIL). Their proven reserves are estimated at 791.2 million tonnes of crude oil and 333.46 billion cubic metres of gas cumulatively.
ONGC acquires 80% of GSPC‘s K-G field
ONGC has announced its decision to acquire the entire 80 per cent stake in interest of Gujarat State Petroleum Corporation Ltd’s (GSPC) block in the Krishna- Godavari basin at US$995.26 million.