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CORPORATE: ONGC firms up plans for North Tapti offshore.
from BUSINESS LINE, August 31, 2008field Kolkata, Aug. 30 - ONGC has firmed up plans for North Tapti offshore marginal gas field in the Gujarat coast. The Rs 580-crore project is expected to produce 1.8 million standard cubic metre of gas a day (mscmd) beginning first half of 2011.
The project is clubbed with the proposed development of Ambe gas field by Cairn India operated CB/OS-2 joint venture at an estimated cost of Rs 300 crore. Located in the same region, Ambe is estimated to produce 1.5 mscmd gas.
Discovered in 2001, the satellite field is surrounded by ONGC's North Tapti.
According to the joint development proposal, the entire production of …
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