After a plan to privatise ONGC’s biggest oil and gas fields was nipped in the bud, upstream regulator DGH has asked the state-owned firm to submit detailed data on its top 47 fields to monitor production and projects to raise output, an official order said.
A high-level committee headed by NITI Aayog Vice Chairman Rajiv Kumar had in late 2018 considered “transferring” giants such as Mumbai High, Vasai East and seven other fields of ONGC to private/foreign companies but had to shelve the plan in face of strong opposition from both within the government and the company.
