ONGC gears up for next round of oil block bids expected to start in July
The company has approached foreign companies for potential partnerships and is awaiting their response on a bidding strategy.
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The company has approached foreign companies for potential partnerships and is awaiting their response on a bidding strategy.
The survey of the Exclusive Economic Zone, backed by the Directorate General of Hydrocarbons, has acquired over 22,000 line kilometres of two-dimensional data in the region. Separately, ONGC and Oil India have completed surveys and initiated exploratory activities for their blocks in the region.
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On the one-year anniversary of Russia's invasion of Ukraine, the US imposed additional sanctions and export controls measures on Russia. The restrictions include a new determination...