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ONGC took over Tapti assets from BG, Reliance

A part of the abandoned assets of the western offshore Tapti gas field has been taken over by the state run ONGC from its joint venture partners Reliance Industries and BG which will be used by it for producing gas from its Daman fields.

ONGC Director (Offshore) Tapas Kumar Sengupta has said that the move will be helping the company to save Rs 3,000-4,000 crore needed to build offshore infrastructure for producing gas from the Daman gas field as well as C-26 Cluster projects.

“We plan to start producing gas from Daman using the abandoned Tapti facilities by August/September at the rate of 2 million standard cubic meters per day.”

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