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Article: India: ONGC fails to complete work programme at Bengal offshore.

Article from:
TendersInfo
Article date:
June 10, 2008
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Byline: manish03

To start drilling at Contai onshore block in August Though ONGC has applied for a fresh extension, sources say the company s plea had so far failed to cut ice with the Ministry. Kolkata, June 8 Having secured successive extensions, ONGC may finally have to wind up its oil hunt at Bengal offshore block, empty handed and without fulfilling the committed work programme. ONGC has 85 per cent operating stake in the block and IndianOil has 15 per cent participatory stake.

While ONGC officials maintain that they are still committed to complete work programme in the block and have applied to the Petroleum and Natural Gas Ministry for fresh ...

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