In June, ONGC had sought private contractors for the 64 producing small fields, organised in 17 onshore contract areas and with a reserve of 300 million metric tonnes of oil equivalent, and is currently engaged in pre-bid talks. But some potential bidders feel that just a share in incremental revenue may not make these fields lucrative enough.
from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/2O1MeMn
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