Oil ministry tells ONGC to sell oilfields; hive off drilling, other services3 min read . Updated: 25 Apr 2021, 04:20 PM IST
- The petroleum ministry wants ONGC to explore creating separate entities for drilling, well services, logging, workover services and data processing entities
NEW DELHI : The petroleum ministry has told India's largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms, get foreign partners in KG basin gas fields, monetise existing infrastructure, and hive off drilling and other services into a separate firm to raise production.
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