Skip to main content

ONGC awards 49 marginal oil and gas fields to 7 companies

Published by
Oilfield Technology,


ONGC has awarded 49 marginal oil and gas fields to seven successful bidders in 13 contract areas.

The bid process for seeking partners for enhancement of production from 64 marginal nomination fields was held recently. Interested companies participated in the international competitive bidding process for 17 onshore contract areas comprising of producing oil and gas fields.

Through a detailed process of evaluation as per the tender conditions, seven companies have now been awarded 13 onshore contract areas spread across the states of Gujarat, Tamil Nadu, Andhra Pradesh and Assam. It is anticipated that with the award of these contract areas, production from these marginal fields will be enhanced.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/15052020/ongc-awards-49-marginal-oilfields-to-7-companies/

You might also like

Strohm delivers deep-water TCP Jumper in Guyana

ExxonMobil affiliate Esso Exploration & Production Guyana Ltd is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project in Guyana.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Upstream news India upstream news Oil & gas news