ONGC deal for Australian firm

India’s Oil & Natural Gas Corporation (ONGC) has awarded a USD 215.35-million contract for G1-GS15 field offshore in Krishna-Godavari basin to Australia-based Clough Engineering. The company will produce 1 mt of low sulphur crude oil and 6 billion cubic metre of natural gas over the expected field life of 15 years. The project will create India’s first digital oil and natural gas field incorporating remotely monitored and controlled smart wells.




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