Oil And Natural Gas Corporation (ONGC) currently has two projects under development namely Carabobo 1, in Venezuela, which is likely to commence early production by end of 2012-13 and Blocks A1 & A3 in Myanmar, which are likely to commence production in July 2013.
Author: admin (Infratructure Today)
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Contracting opportunities for LPG
Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).
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Contracting opportunities for LPG
Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).
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Goa to invite global tenders for new airport in March
A global tender is going to be invited by the Goa Government for its new airport project at Mopa in the northern part of the state. The State Chief Minister Manohar Parrikar said that the new airport will be developed on a public private partnership basis.
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Gas output may decline in FY13
A recent report from the oil ministry shows that India's natural gas production may decline to around 104 mmscmd in 2012-13 from 114.90 mmscmd in the previous fiscal. The report attributes the possible decline in gas output mainly to the fall in KG-D6 output to 23 mmscmd from over 30 mmscmd last year. The report also expects a sharp rise in imports of lique
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BP, RIL start drilling well on satellite fields
As part of its plan to develop four satellite gas fields for $1.529 billion, UK-based energy major BP started drilling a well on the D-19 field, also called Satellite-1 field. The field is located around the now producing Dhirubhai-1 and 3 or D1&D3 fields in the Krishna Godavari basi
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C’garh to get $300 mn ADB loan to repair its roads
To repair over 900 kilometres of roads in Chhattisgarh state, the Asian Development Bank would provide $300 million loan to the State government, the Bank said in statement on December 11. The project would include works such as expanding roads for two-laning, building new sections, construction and strengthening of culverts and brigdes.
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Root-based foot-bridges are Meghalaya’s new attraction
In Meghalaya's southern part, foot-bridges built on tree roots help villagers cross rivers and streams. The footoverbridges have emerged as the new attraction in this Himalayan state. No wonder, the foot-bridges have been nicknamed by tourists as 'living foot-bridges' which take shape over 12-15 years, and they are the sole effort of the villagers sans any government help.
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NHAI gives more time to secure funding for highway project
Owing to delay in securing statutory clearances, the National Highway Authority of India (NHAI) allowed the concessionaire of the Kota-Jhalawar highway project in Rajasthan to take more time for financial closure. The lenders of the highway project asked for all the clearance to be on the safer side. The approvals from seve
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Sadbhav’s arm achieves COD for Hyd-Yadgiri tollway
Hyderabad-Yadgiri Tollway (HYTPL), an SPV and a subsidiary of Sadbhav Engineering, has stated that it has achieved Commercial Operational Date (COD) for entire project length on December 10.