You are here

ONGC to spend on drill ships, rigs as costs drop


OIL and Natural Gas Corp (ONGC), India's biggest explorer, is preparing to spend on its biggest ever crude binge as sub-US$50 oil halves the cost of rigs and services.

State-run ONGC is contracting as many as five deepwater drill ships and dozens of jack-up rigs as it

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom