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Tuesday, 02 December, 2008, 15:50 GMT | more >>

ONGC kickstarts E&P rush



By Upstream staff 

India’s Oil & Natural Gas Corporation (ONGC) plans to increase its exploration and production assets and has issued letters of intent (LoI) to 17 offshore supply vessels, Indian media reported today.

LoI have been sent to Shipping Corporation of India, AGB Shipping, TAG Sealogistocs, Great Offshore, Samson Maritime and Norway’s Rolv Berg. Agreements may be signed in a month.

ONGC may release LoIs for ten more vessels over the next month, according to India’s Economic Times newspaper.


Tuesday, 20 March, 2007, 01:03 GMT  | last updated: Tuesday, 20 March, 2007, 12:50 GMT

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