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ONGC open to tie-ups for prospecting new basins, flags 'critical' issues on recast Top Searches ONGC open to tie-ups for prospecting new basins, flags 'critical' issues on recast Sanjay Dutta / TNN / Updated: Apr 29, 2021, 10:25 IST FacebookTwitterLinkedinEMail NEW DELHI: Days after the oil ministry sought a response to a plan to carve up ONGC’s functional sections into a separate company and sell stake in major producing fields, India's largest state-run explorer has said it is eyeing foreign partnerships for prospecting in unexplored basins but critical issues needed to be addressed befor...

ONGC says want foreign partners in new fields SECTIONS Last Updated: Apr 28, 2021, 06:37 PM IST Share Synopsis "ONGC is also looking into strategic relationships and close alliances with key international players through (overseas arm) ONGC Videsh," the company said in a statement. "Intention is to invite foreign participation to explore Category-II and Category-III basins which match size and scale of expectations and portfolio of these large players." Agencies The ONGC board approved Energy Strategy 2040 in April 2019 that outlines strategic growth initiatives across the energy value-chain....

Text by Uday Kapur One of India’s most forward-thinking new musicians, Jharkhandi producer and MC Sumit Singh Solanki aka Tre Ess, is bringing attention to the affairs of his state through his music while showcasing its local young talent on a national stage “More than any political party, I’m afraid of what my extended family could do to me,” says Sumit Singh Solanki. “I wish I could tell these stories more freely because they’re an open secret. I could try and reason with them, but in their eyes, I’m still a child.” Solanki, who hails from Ranchi, is one of India’s ...

26 Apr 2021 (Last Updated April 26th, 2021 16:09) The Indian Ministry of Petroleum and Natural Gas has reportedly told state-owned oil and gas producer ONGC to sell its stake in producing oil fields. Share Article The ministry advised ONGC to consider divesting its stake in maturing fields. Credit: Nandu Chitnis on Flickr. The Indian Ministry of Petroleum and Natural Gas has reportedly told state-owned oil and gas producer ONGC to sell its stake in producing oil fields. According to a Press Trust of India (PTI) report, the ministry’s additiona...

Petroleum ministry tells ONGC to sell oilfields 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 fir...