{"id":493862,"date":"2022-05-27T09:10:55","date_gmt":"2022-05-27T03:40:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=493862"},"modified":"2022-05-27T10:19:07","modified_gmt":"2022-05-27T04:49:07","slug":"ongc-to-sell-stake-seeks-global-oil-firms-help-to-develop-fields","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ongc-to-sell-stake-seeks-global-oil-firms-help-to-develop-fields\/","title":{"rendered":"ONGC to sell stake, seeks global oil firms&#8217; help to develop fields"},"content":{"rendered":"<p>India&#8217;s top explorer Oil and Natural Gas Corporation is offering a stake to global oil companies to help develop challenging fields off the country&#8217;s east coast, according to a tender document.<\/p>\n<p>The company did not say how big a stake it was offering to a potential partner.<\/p>\n<p>India, the world&#8217;s third biggest oil importer and consumer, imports over 80% of its oil needs. The country is keen to monetise its oil and gas resources to cut its import bill.<\/p>\n<p>ONGC is hoping to lure interest from global companies with the &#8220;requisite technical expertise and financial strength&#8221; to support it in developing its Deen Dayal West field in the Bay of Bengal and ultra-deep discoveries in Krishna Godavari Basin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s top explorer Oil and Natural Gas Corporation is offering a stake to global oil companies to help develop challenging fields off the country&#8217;s east coast, according to a tender document. The company did not say how big a stake it was offering to a potential partner. India, the world&#8217;s third biggest oil importer and consumer, imports over 80% of its oil needs. The country is keen to monetise its oil and gas resources to cut its import bill. ONGC is hoping to lure interest from global companies with the &#8220;requisite technical expertise and financial strength&#8221; to support it in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-493862","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=493862"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/493862\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=493862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=493862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=493862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}