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ONGC again extends deadline to accept bids for 64 fields: Report

03 Jan 2020 Evaluate

Oil and Natural Gas Corporation (ONGC) has reportedly further extended the deadline to accept bids for its 64 small producing fields, to January 17. The deadline has been extended on requests from some potential bidders. The original deadline was December 20, which was extended to January 3.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.

Peers
Company Name CMP
ONGC 224.00
Oil India 445.20
Jindal Drilling&Inds 589.75
Deep Industries 751.15
Asian Energy Service 464.15
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