ONGC hoping to sign contract for Satpayev oil field next week - Livemint

By
Viraj
on December 3, 2010 8:09 PM | | TrackBacks (0)
New Delhi: Oil and Natural Gas Corp (ONGC) is hoping to sign a contract for Kazakhstan’s Satpayev oil field next week but last minute glitches may delay the agreement that has been under discussion for almost two years now.

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ONGC Videsh Ltd (OVL), the overseas arm of the state-run firm, wants to ink the production sharing contract (PSC) for the Caspian Sea block when Indo-Kazakh Joint Working Group meets in New Delhi on 6 December, a top official said on Friday. ONGC Videsh Ltd (OVL), the overseas arm of the state-run firm, wants to ink the production sharing contract (PSC) for the Caspian Sea block when Indo-Kazakh Joint Working Group meets in New Delhi on 6 December, a top official said on Friday. “Negotiations (on the PSC) have concluded but we cannot say with 100 percent certainty that the contract will be signed. Some glitches remain,” he said refusing to go into details.

ONGC hoping to sign contract for Satpayev oil field next week - Livemint

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This page contains a single entry by Viraj published on December 3, 2010 8:09 PM.

ONGC marginal fields to boost output by a tenth in next 2 years - Business Standard was the previous entry in this blog.

ONGC hoping to sign contract for Satpayev oil field next week - Economic Times is the next entry in this blog.

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