ONGC to hire global consultant

Oil and Natural Gas Corp (ONGC) plans to hire an international consultant to study the feasibility of developing about a dozen discoveries at a Krishna Godavari basin block off the east coast. State-owned ONGC has made 11 discoveries in the deepsea KG-DWN-98/2 block, located next to Reliance Industries' KG-D6 block and Gujarat State Petroleum Corp's Deendayal gas field. The consultant will study the techno-economic feasibility as well as help the company prepare a field development plan.

Read the Economic Times news report here.