ONGC’s tender said it would offer a share of revenue from incremental production, along with a fixed fee but not any equity stake. The tender had attracted two bidders – BP and Royal Dutch Shell.

according to ONGC. The field reached peak production of 471,000 barrels per day of oil in March 1985, and its output had declined to about 134,000 bpd in April 2024, a tender document showed last ...

On June 1, 2024, ONGC issued an International Competitive Bidding (ICB) tender to engage a TSP for the Mumbai High Field. The selected TSP will provide expertise in managing complex mature ...

India’s state corporation ONGC issued last year an International Competitive Bidding (ICB) tender to pick a technical services provider for the offshore Mumbai High oilfield, India’s largest ...

Lee Smith/Reuters State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields ...

ONGC had issued an International Competitive Bidding (ICB) tender on June 1, 2024 to engage a Technical Services Provider (TSP) for Mumbai High Field with expertise in managing complex mature ...

State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share ...