Oil and Natural Gas Corporation (ONGC) is looking to partner with a globally recognized technical service provider to enhance oil and gas production from its key Mumbai field in the Arabian Sea.
To achieve this, ONGC has issued an international tender to find a suitable service provider who can offer technical solutions aimed at boosting production.
As reported by THE FREE PRESS JOURNAL, the selected service provider will be compensated with a fixed fee and a negotiable share of the revenue generated from the additional production above an agreed baseline.
