Oil & Natural Gas Corpn update on impact of cyclone Tauktae

Image
Capital Market
Last Updated : May 18 2021 | 1:32 PM IST
Oil & Natural Gas Corpn announced that due to the severe cyclonic storm, unfortunate incidences have occurred involving three construction barges of M/s Afcons working on a project of ONGC in Western Offshore fields in the Arabian Sea and one drilling rig of ONGC deployed for exploration purpose.

Cyclone Tauktae hit Arabian Sea off the coast of Mumbai in the early hours of 17 May 2021 where ONGC's major production installations and drilling rigs are located. The wind speed rose to nearly150-180 Km/hr with 6 to 8 meters high waves.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 18 2021 | 1:11 PM IST

Next Story