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ONGC seeks bids to enhance production from 64 marginal fields

Companies can bid either alone or through consortiums and joint ventures and will be allowed to bid for more than one contract area

RIL wins arbitration case against govt's claim of illegal gas production

Amritha Pillay Mumbai
State-run ONGC on Friday issued a notice inviting partners to enhance production from 64 of its marginal fields. The company looks to maximise recovery through infusion of new technology.

"ONGC announces a Notice Inviting Offer (NIO) seeking partners for enhancement of oil and gas production from its 64 marginal nomination fields with the intention to maximise recovery from these fields by infusion of new technology," the company said in a statement.

It added that the offer will allow interested companies to participate in the International Competitive Bidding (ICB) process announced for 17 onshore contract areas consisting of 64 oil and
Topics : ONGC Oil

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First Published: Jun 28 2019 | 11:40 AM IST

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