Shell-Reliance give up Panna-Mukta fields; western offshore fields to revert to ONGCPanna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea off the Mumbai coast were in 1994 awarded a consortium of US energy giant...
20 Dec, 2019, 12.06 PM IST
Govt nominates ONGC to operate Panna-Mukta fieldsReliance and Shell each own a 30% participating interest in Panna, Mukta and Tapti (PMT) fields, while ONGC holds the balance 40%.
16 Sep, 2019, 06.50 AM IST
RIL, Royal Dutch Shell may not seek extension of Panna-Mukta fields' contractsLikely to have asked govt not to renew 25-year production-sharing deal beyond December.
15 Apr, 2019, 07.36 AM IST
ONGC confirms government slapping it, RIL with $3.9bn demandThe demand notice pertains to interpretation of the contract for the Panna-Mukta and Tapti (PMT) oil and gas fields in the Arabian Sea.
27 Jul, 2017, 11.57 PM IST
RIL, Shell, ONGC asked to pay $3 billion in penaltyThe government asked the companies to pay a fine proportionate to their stake in the Panna Mukta Tapti oil field. RIL and Shell have challe...
18 Jul, 2017, 10.29 AM IST
Oil Ministry says $5.6 billion production loss at PMT fieldsThe government's share was $ 1.3 billion. Besides, the government also earned $ 590 million as royalty and $ 472 million as cess from these...
21 Dec, 2014, 01.34 PM IST
- Panna-Mukta and Tapti fields reach production milestone of 500 million barrels of oil equivalent
The consortium comprises of state-run energy explorer ONGC which holds a 40 per cent stake and RIL and BG Exploration and Production India,...
01 Jul, 2012, 01.01 PM IST
- Gas output from Panna-Mukta, Tapti fields down by 30%
Gas output from the Panna-Mukta and Tapti (PMT) fields owned jointly by the BG Group, Reliance and ONGC has declined by around 30%.
18 Apr, 2011, 08.16 AM IST
- Price revision due to indigenous gas shortage: GGCL
RLNG is currently priced at two to three times the prevailing prices of indigenous gas available to GGCL, the official said.
08 Apr, 2011, 01.01 PM IST
- DGH rapped for missing KG files
CAG sets january 15 deadline for submitting KG D-6 & PMT field records.
13 Jan, 2010, 07.14 AM IST
- Oil cos get govt notice for delay in paying royalty
The government is taking a tough stand against oil majors ONGC, RIL, Cairn and the BG group (British Gas) for delaying payment of royalties.
26 Aug, 2008, 12.41 AM IST
- GAIL signs contract for PMT gas
GAIL has signed a contract with the producers of gas from the consortium of RIL, the BG Group and ONGC for buying the entire quantity of 17...
02 Apr, 2008, 12.00 AM IST
- Torrent protests oil min's decision to cancel PMT contracts
Gujarat-based Torrent Power has protested Petroleum Ministry's decision to cancel almost all contracts for sale of gas from Panna/Mukta and...
01 Jan, 2008, 04.16 PM IST
- GAIL wins rights to market gas from PMT fields
GAIL India has won the rights to market the gas jointly produced by Reliance Industries, British Gas and ONGC from the Panna-Mukta-Tapti fi...
27 Nov, 2007, 03.44 PM IST
- ONGC, RIL & BG to spend $1 bn on PMT fields
Along with its two partners-Reliance Industries and British Gas, state-owned ONGC plans to spend an additional $1billion on the Panna-Mukta...
06 Oct, 2007, 04.38 PM IST
- GAIL seeks review of gas price from Panna/Mukta, Tapti fields
Gas firm GAIL (India) has sought review of price of natural gas produced by the consortium of Reliance Industries, BG Group of UK and Oil a...
27 Aug, 2007, 02.30 PM IST
- ONGC-led consortium to hike gas output from Panna-Mukta
The ONGC-BG-Reliance Industries consortium has decided to raise the output from Panna-Mukta-Tapti (PMT) fields from 13 million metric stand...
17 Apr, 2007, 03.46 AM IST