GSPC reportedly intends to dispose of its non-operating interests in India, ONGC favoured and being approached with the offer. Five ONGC-operated blocks are involved, namely Cambay units CB-ONN-2004/1 (GSCP 40%), CB-ONN-2004/2 (45%), CB-ONN-2004/3 (35%), CB-ONN-2009/4 (50%), and Bombay offshore MB-OSN-2005/1 (20%). GSPC operates another 18 blocks nationwide.
GSPC reportedly intends to dispose of its non-operating interests in India, ONGC favoured and being approached with the offer. Five ONGC-operated blocks are involved, namely Cambay units CB-ONN-2004/1 (GSCP 40%), CB-ONN-2004/2 (45%), CB-ONN-2004/3 (35%), CB-ONN-2009/4 (50%), and Bombay offshore MB-OSN-2005/1 (20%). GSPC operates another 18 blocks nationwide.1