ONGC has reportedly awarded 13 contract areas comprising 49 marginal producing o&g fields to 7 companies in Andhra Pradesh, Assam, Gujarat, + Tamil Nadu. The winners have yet to be reported. It is recalled (DEA 6 May '20) that ONGC had bagged 24 bids for 14 contract blocks comprising 50 marginal fields under its 2019 Marginal Nomination Fields (MNF) round. The offer comprised 64 fields within 17 onshore contract blocks, 3 of which (14 fields) failed to attract a bid.
ONGC has reportedly awarded 13 contract areas comprising 49 marginal producing o&g fields to 7 companies in Andhra Pradesh, Assam, Gujarat, + Tamil Nadu. The winners have yet to be reported. It is recalled (DEA 6 May '20) that ONGC had bagged 24 bids for 14 contract blocks comprising 50 marginal fields under its 2019 Marginal Nomination Fields (MNF) round. The offer comprised 64 fields within 17 onshore contract blocks, 3 of which (14 fields) failed to attract a bid.