Oil ministry tells ONGC to sell oilfields; hive off drilling, other services
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Last Updated: Apr 25, 2021, 03:56 PM IST
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The action plan calls on ONGC to consider sale of stake in maturing fields such as Panna-Mukta and Ratna and R-Series in western offshore and onshore fields like Gandhar in Gujarat to private firms while divesting/privatising non-performing marginal fields.
Agencies
The ministry also wants the company to explore creating separate entities for drilling, well services, logging, workover services and data processing entities.
The petroleum ministry has told India s largest oil and gas producer
ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms, get foreign partners in KG basin gas fields, monetise existing infrastructure, and hive off drilling and other services into a separate firm to raise production. Amar Nath, additional secretary (exploration) in the Ministry of Petroleum and Natural Gas, on Apri
Two of the three abducted ONGC employees rescued
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Updated:
An Army and Assam Rifles team traced the duo in Nagaland’s Mon district.
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An Army and Assam Rifles team traced the duo in Nagaland’s Mon district. A team of Army and Assam Rifles on the night of April 23 rescued two of the three employees of Oil and Natural Gas Corporation (ONGC) Limited who were abducted by extremists from an oil rig in eastern Assam’s Lakwa.
Junior technician Mohini Mohan Gogoi and junior engineering assistant Alakesh Saikia were rescued from an area in Nagaland’s Mon district, close to the Myanmar border.
Army Rescue Ops On To Save Kidnapped ONGC Staff Apr 24, 2021, 13:19 IST
The Indian Army and Assam Rifles troops have rescued two ONGC employees who had been kidnapped by the outlawed group, United Liberation Front of Asom-Independent (ULFA-I) in Assam on Friday. Operations are still in progress, stated the Indian Army.
As per details, Mohini Moham Gogoi (35), Ritul Saikia (33) who worked as junior technicians and Alakesh Saikia (28), a junior Engineering Assistant, were kidnapped on April 21 from Lakwa oil field in Assam s Sivasagar district, near the Assam-Nagaland border, by alleged ULFA-I militants. Employees were kidnapped in the company s own vehicle from the state-run firm s Lakwa field in Sivasagar
The three employees of the Oil and Natural Gas Corporation (ONGC) were kidnapped by suspected ULFA(I) militants from the Lakwa oilfield in Sivasagar district along Assam-Nagaland border on Wednesday.