PSU NEWS
ONGC is open to partner for exploration acreages under Acreage Licensing Policy
Virtual Conference Meeting between PM and CMD of ONCG and other companies in India Energy Forum 2020 by CeraWeek (PSU Connect)
New Delhi: Oil and Natural Gas Corporation Limited (ONGC) the biggest public sector commercial organization in India with a current market capitalization of about USD 60 billion is open to partnerships for exploration acreages under the new Open Acreage Licensing Policy to monetize Oil & Gas assets quickly with the latest technology.
‘One of our deepwater fields shall come onstream next year with peak production of 50,000 bold & 15 mmscmd Gas. We invite companies to collaborate to develop this field’, it said.
‘In an effort to de-carbonize, ONGC is partnering with reputed companies to install 10GW of renewable energy’ Mr. Shashi Shanker, CMD ONGC & Group of Companies said during Roundtable with Hon’ble PM Shri Narendra Modi in India Energy Forum 2020 by CeraWeek.
India Energy Forum 2020 provides a unique platform for the Indian energy sector to engage with global players, develop new insights, and a better way forward in the fast-changing global energy landscape.
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