ONGC signs PML deed with Coal India for Coal Bed Methane Block
ONGC plans to open another well and flow gas to the onshore terminal next month through the newly laid subsea gas pipeline, another milestone achievement in the offing, the company officially posted.
India’s Maharatna Oil PSU ONGC has signed the first-ever Petroleum Mining Lease (PML) deed with Coal India for the Jharia Coal Bed Methane (CBM) block on 24 July 2024.
The agreement was signed in the presence of Bokaro's Deputy Commissioner Vijaya Jadhav, IAS, and District Mining Officer Ravi Kumar Singh, this joint venture (JV) marks a significant milestone in energy collaboration.
Earlier, in January 2024, ONGC commenced oil production from the Block KG-DWN-98/2 Cluster-2 asset via a floating production, storage, and offloading (FPSO) vessel.
ONGC plans to open another well and flow gas to the onshore terminal next month through the newly laid subsea gas pipeline, another milestone achievement in the offing, the company officially posted.
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