Monday, November 11, 2019

ONGC auction gets tepid response

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 Energy-Industry-Economic Times https://ift.tt/34M6fx8

No comments:

Post a Comment