India’s Oil & Natural Gas Corporation (ONGC) is set to submit to upstream regulator Directorate General of Hydrocarbons (DGH) the field development plan for its flagship east coast deep-water ­KG-DWN-98/2 project, writes ­Nishant Ugal.

Sources suggested that the much-delayed $8 billion to $9 billion development in the northern area of the Krishna Godavari basin deep-water block has started moving forward with this month’s launch of the rig tenders.

“They