ONGC finalises third well for Cauvery block

Vol 14, PW 13 (16 Dec 10) Exploration & Production

Anxious Norwegian investors in explorer Rocksource can rest easy. After months of suspense, we hear ONGC (45%) has finally identified a 'firm' location for its third Phase-I commitment exploration well at Cauvery basin deepwater block CY-DWN-2001/1, where it partners Rocksource (10%), Oil India (20%) and Petrobras of Brazil (25%)....

India Refining Summit