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Oil ministry tells ONGC to sell oilfields; hive off drilling, other services SECTIONS Last Updated: Apr 25, 2021, 03:56 PM IST Share Synopsis 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

Subhash kumarMinistry of petroleumNatural gas corporationRatnar seriesNatural gasManaging director subhash kumarDirectorate generalDrilling servicesOil ministryOil fieldsசுபாஷ் குமார்அமைச்சகம் ஆஃப் பெட்ரோலியம்இயற்கை வாயு நிறுவனம்இயற்கை வாயுஇயக்குநரகம் ஜநரல்துளையிடுதல் சேவைகள்