Tag: Oil and Natural Gas Corp.

India: petro hub in Gujarat

Oil and Natural Gas Corp. (ONGC) and Gujarat State Petroleum Corp. (GSPC) are jointly implementing the Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) project in the Bharuch-Dahej Investment Region.

Iran: LNG project

Oil and Natural Gas Corp. may take up the 20% stake Malaysia’s Petronas has abandoned in a USD 2 billion liquefied natural gas project in Iran.

Russia: Sakhalin investment approved

India’s Cabinet Committee on Economic Affairs (CCEA) has approved ONGC Videsh Ltd’s additional investment of USD 1.07 billion in the Sakhlain-I oil and gas field in Russia.

British Gas expands in India

British Gas Plc, along with its partners Reliance Industries and Oil and Natural Gas Corp. (ONGC), will invest USD 138 million to improve production at the Panna/Mukta and Tapti oil and gas fields.