ONGC makes Krishna Godavari basin discovery

Oil and Natural Gas Corp. (ONGC) has made a discovery with its GS-15-OA well in the Krishna Godavari basin off India's east coast.

Offshore staff

NEW DELHI, India -- Oil and Natural Gas Corp. (ONGC) has made a discovery with its GS-15-OA well in the Krishna Godavari basin off India's east coast.

ONGC also reports that it has awarded a contract to M/s Hindustan Shipyard for the repair of the jackupSagar Ratna. The vessel will be refurbished to international standards.

Meanwhile, ONGC also plans to hire a consultancy firm to hire/construct an FPSO. The vessel will be used to develop marginal fields, and for extended testing.

08/25/2008

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