 "A company official said work stopped temporarily only at two rigs and the remaining 34 in the offshore were operational. He added there was no impact on the company's production.")
Oil and Natural Gas Corporation (ONGC) earmarked Rs 30,000 crore towards capital expenditure in financial year 2021-22, and aims at an out put of 22.56 million tonnes of crude oil and 24.89 billion cubic metres of gas during the year.
“ONGC estimates to spend Rs 15,500 crore in major lumpsum turnkey projects, Rs 13,600 crore on major services, Rs 2,250 crore on major material procurement in financial year 2021-2022,” a company statement said.
To aid domestic oil and gas industry, ONGC said it has provided a list of required goods and services over the coming five years. This commitment to
