ONGC starts oil production from delayed USD 5 billion deep-water project
Monday, 8 January 2024 ONGC has started oil production from its deep-sea project in Krishna Godavari basin in Bay of Bengal, reversing years of decline in output. 'First oil' has flowed from the deep-water KG-DWN-98/2 block in Bay of Bengal. The project is likely to increase ONGC's total oil and gas production by 11% and 15% respectively. The production from the Cluster-2 discoveries in the block is expected to be 45,000 barrels per day of oil and over 10 million standard cubic metres per day of gas. The project is on track with final phase scheduled to be completed by mid-2024.
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State-run explorer Oil and Natural Gas Corporation (ONGC) has started oil production from its $5 billion deep-sea project off the Andhra coast, becoming the... IndiaTimes
Prime Minister Narendra Modi hails the remarkable step in India's energy journey as Oil and Natural Gas Corporation (ONGC) begins oil production from its... IndiaTimes
State-owned ONGC has started oil production from its long-awaited deep-sea project in the Krishna Godavari basin, which is expected to reverse declining output.... IndiaTimes