ONGC seeks partners for its underperforming Deen Dayal gas field in the KG basin, Bay of Bengal.
After investing $1.2 billion and seven years with little success, ONGC is seeking partners for its Deen Dayal gas field in the KG basin, Bay of Bengal. Acquired in 2017 from Gujarat State Petroleum Corporation, the field has produced negligible gas quantities. ONGC is now inviting global oil and gas companies with technical expertise and financial strength to join as partners for a viable strategy.
June 23, 2024
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