MoneyWorks4Me

Assam Company inks pact with ONGC for investment in Amguri field

27 Dec 2014 Evaluate

Assam Company India (ACIL) has entered into an agreement with ONGC for their investment in the Amguri field for and on behalf of Government of India (GOI). According to the agreement, ACIL will operate with 40% Participating Interest (PI) and ONGC will invest 60% for PI for and on behalf of GOI in the operation of Amguri field.

Assam Company India is a group company comprising of professional companies engaged in multifaceted activities like Tea plantation, Oil & Gas exploration, production & supply, Road Transportation etc.

Peers