‘ONGC is looking at tie-ups with pvt companies’
ONGC is willing to join hands with any party who can help us monetise discoveries quickly and enhance recovery in all areas, while stake in deep-sea blocks will depend on partners bringing high-end technology and de-risking, chairman Arun Kumar Singh tells TOI.
ONGC has been at the receiving end for not moving fast to raise production. How do you plan to change that?
Globally, large discoveries are happening in deep-sea. Our deep-water is not well explored. We are hoping for major deep-water findings soon. We have to be very aggressive in making discoveries. So, we have to ramp up exploration and collaboration.
