INDIA’S state-owned Oil & Natural Gas Corporation (ONGC) is set to finalise within weeks the charter of three offshore rigs from drilling contractors under deals totalling more than $300 million.
Industry sources said India’s Essar Oilfields Services, Switzerland-registered Transocean and Mumbai-based Great Offshore are poised to win contracts later this month.
All the winning rigs will be hired on three-year terms, which are due to start this quarter.
“Price
