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Oil and Natural Gas Corporation Ltd (ONGC.BO)

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Wed, Apr 13 2016

UPDATE 1-Reliance, BG to hand some Indian drilling assets to ONGC-sources

MUMBAI, April 13 A joint venture led by India's Reliance Industries and BG Group will hand drilling infrastructure from an abandoned Indian gas field to ONGC Ltd , a boost for ONGC's plans to develop a key gas reserve nearby, two company sources said.

Reliance, BG to hand over some Indian drilling assets to ONGC: sources

MUMBAI A joint venture led by India's Reliance Industries and BG Group has agreed to hand drilling infrastructure from an abandoned gas field to ONGC Ltd, their junior partner, helping the state-run group develop a large gas reserve nearby, two company sources said.

India's ONGC eyes tie-up with foreign service providers to boost output

MUMBAI, March 17 State-run Oil and Natural Gas Corporation Ltd, India's biggest explorer, plans to enter into partnerships with overseas oilfield service providers to boost output from ageing oil and gas fields, its chairman said.

CORRECTED-India's ONGC plans $5 bln investment to develop eastern gas asset

MUMBAI, March 12 India's Oil and Natural Gas Corporation said it will unveil an investment of around $5 billion by the end of March to develop a major gas asset in the east, with a view to tapping higher gas prices.

India's ONGC plans $5 billion investment to develop eastern gas asset

MUMBAI India's Oil and Natural Gas Corporation said it will unveil an investment of around $5 billion by the end of March to develop a major gas asset in the east, with a view to tapping higher gas prices.

Low crude price dents India's ONGC profit

NEW DELHI/MUMBAI India's biggest explorer Oil and Natural Gas Corporation Ltd posted a 64 percent drop in quarterly profit, hit by a a 40 billion rupees ($584.62 million) one-time impairment charge on producing assets due to a sharp fall in the crude price.

ONGC aims for new drilling contracts in cost-saving drive - sources

MUMBAI India's Oil and Natural Gas Corp hopes to agree new cheaper drilling contracts for its western offshore fields, two sources involved in the matter said, in its biggest ever cost-saving drive in response to lower crude prices.

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