Data will be updated when it becomes available.
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Deep Industries will provide the mobile drilling rig, equipment, and manpower, including roustabouts, for maintaining the mud systems as per the order's requirements.
In order to prevent further harm to the environment, the project is completed and wells are securely sealed off using the abandonment fund.
ONGC dug 541 wells, the most in the previous 34 years, including 103 exploration and 438 development wells.
NIIF will shortlist bidders in the next weeks, allowing them to undertake due diligence on the company before submitting binding financial proposals.
Company reports a substantial surge in consolidated net profit to ₹3,193.34 Crore in the December quarter, compared to ₹397.59 Crore in the same period last year.
The signed MoU is expected to enhance efficiency and facilitate rapid progress in the shared project by leveraging the collective strengths of GAIL, ONGC, and SEI.
According to a regulatory filing from the company, the scope of work includes planning, acquiring, building, installing, and commissioning new Process Gas Compressor (PGC) modules at ONGC's Mumbai High & Tapti offshore locations
The companies were quick to point out that the government appointed the directors and they had no involvement in it.
ONGC also declared a second interim dividend of ₹4.00 per share.
The joint venture agreement was signed by Mohit Bhargava, CEO of NTPC Green Energy Limited.
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