ONGC has decided to develop the gas-rich exploration block in the Krishna Godavari basin by itself. It was in talks with foreign players to develop the block. ONGC was hoping to finalise a partner by the end of January but it appears that it may have to go solo. The development of the block off the east coast could cost up to $5 billion, as per current estimates.
FlashNews:
ISA and IIT Delhi Partner to Build Global Solar Skills
Solar Service Searches Surge 43% Nationwide, Justdial Data Shows
Centre Clears ₹7.97 Billion Green Hydrogen Jetty at Paradip Port
ONGC Hosts 7th Para Games, Championing Inclusion in India Inc.
India’s Space Sector Secures Cyber Shield with CERT‑In, SIA‑India Guidelines
GAIL Breaks Ground on Sohna R&D Centre to Drive Clean Energy Innovation
Veolia Secures 2 Landmark Mumbai Water Projects to Boost Urban Sustainability
Emirates SkyCargo Expands India Freighter Network to Meet Rising Trade Demand
Colliers Maps 30 Industrial & Warehousing Growth Hubs Across India
PAIMANA Portal Tracks ₹39 Trillion Infrastructure Projects in January 2026
Tata Power-Warwick Alliance to Accelerate Energy Systems Innovation
India’s Space Kidz Launches World’s First Space Curriculum for Schools
Road Awards Slowdown to Hit Execution, Intensify Bidding: ICRA
Clean Energy Transition: India’s Global Leadership
Dual Airports to Handle 40 Million Passengers in 2026, Timely Ramp‑Up Crucial: Crisil Ratings
Kazipet Coach Factory Ready for Commissioning as RVNL Completes Core Works
Suzlon Reshapes Leadership: J P Chalasani Elevated, Ajay Kapur Named Group CEO
Noida International Airport Partners Mann Fleet for Seamless Ground Mobility
SDHI to Complete Five Offshore Support Vessels for San Maritime at Pipavav Shipyard
Home » ONGC takes on East coast gas block by itself
ONGC takes on East coast gas block by itself
Oil & Gas
February 1, 2011February 1, 2011
Leave a Reply
You must be logged in to post a comment.