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ONGC rejects Prize Petroleum's demand of $35/barrel

Vol 10, PW 23 (22 Mar 07) Exploration & Production
       

ONGC has rejected a demand from the Prize Petroleum and Aban Loyd consortium to increase the price of crude oil from three onshore marginal fields being developed on its behalf....

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  • No one can make money on ONGC’s rate of $26/barrel

Back
  • April 27th new deadline for ONGC’s MHN platform bids

Related
  • ONGC tells Prize to ask Nishi Vasudeva for help (24 Apr 14)

  • Prize estimates 46m barrels recoverable at Cluster 7 (03 May 07)

  • No one can make money on ONGC's rate of $26/barrel (22 Mar 07)

  • Prize to sign marginal fields contract with ONGC (20 Apr 06)

  • ONGC changes mind and opens Prize field bid (26 Jan 06)

  • Prize Petroleum set to begin production at Hirapur (17 Nov 05)

  • Questions over exclusion of Prize from tender (20 Oct 05)

  • Prize begins workover at three Gujarat oilfields (04 May 05)

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