The state-run ONGC is exploring the possibilities of a tie-up with gloÂbal companies to boost its domestic deep-water hydrocarbons hunt. On offer are 19 oil and gas acreages, including the east coast ultra-deepwater gas diÂsÂcovery
Tag: ONGC
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RIL plans $2.33 bn investment
ONGC has sought 2,000 acre from the Maharashtra government at Dahanu to set up a gas-processing plant. The corporation has another plant at Uran.
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India, Vietnam sign pact on oil & gas cooperation
ONGC Videsh (OVL), and the Vietnam oil and gas group PetroVietnam (PV) have signÂed an agreement on cooperation in the field of oil and gas. The framework agreement was signed in the presence of Prime Minister Manmohan Singh and Vietnamese President Truong Tan Sang, who was on a visit to India.
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Gas demand to more than double by 2017
India's natural gas demand is set to more than double by 2016-17 with most of incremental demand coming from power plants. As per the projections made by Oil Ministry for the 12th Five Year Plan (2012-13 to 2016-17),
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ONGC to form JV with NPCIL
ONGC plans to have joint venture (JV) with Nuclear Power Corp of India (NPCIL). The company is to invest aroÂund Rs 2,940 crore in 5- 6 years in the project. ONGC plans to buy 49 per cent of the shares of one of the five proposed nuclear plants of NPCIL
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ONGC seeks land at Dahanu
ONGC has sought 2,000 acre from the Maharashtra government at Dahanu to set up a gas-processing plant.
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OVL to double oil output
ONGC Videsh (OVL) is targeting doubling of crude oil production from its assets abroad to 20 million tonne by 2020.
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ONGC invests Rs 24,890 cr
Oil and Natural Gas Corp (ONGC) said that it is investing Rs 24,890 crore in developing marginal oil and gas fields to make up for fall in production at old and ageing properties.
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ONGC to develop 50 gas fields
Oil and Natural Gas Corporation (ONGC) plans to invest about Rs 26,000 crore in putting 50 onshore and offshore fields on production, 49 through inhouse efforts and one through service contract.
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Oil cos eye ONGC CBM blocks
Essar, Great Eastern Energy and Australia-based Dart Energy have evinced interest in picking up a significant stake in ONGC's coal-bed methane (CBM) blocks located in Bokaro.