Business   

ONGC to begin offshore drilling

By Our Special Correspondent

KOLKATA, JAN. 10 .The Oil and Natural Gas Corporation will start off-shore drilling operations in the Bay of Bengal off West Bengal's Sunderbans islands.

Work was to begin in 4-6 months, ONGC, Chairman, Subir Raha, said here on Friday. It had been decided that four holes would be drilled in the Bay of Bengal spanning an expanse of 6,700 sq km.

The operations would cost Rs. 400 crores.

Tenders had already been floated for the rigs. Mr. Raha discussed the project with the Chief Minister, Buddhadeb Bhattacharjee.

Printer friendly page  
Send this article to Friends by E-Mail

Business

News: Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous |
Advts: Classifieds | Employment | Obituary |

Stories in this Section

• Adopt corporate governance as a way of life — Malegam
• FICCI to be nodal agency for diaspora business associations
• `Average' is not good enough in software business
• MUL to showcase racing car at Auto Expo
• ONGC to begin offshore drilling
• Forex reserves cross $102 billion
• Honda cuts prices

Copyright © 2004, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu