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PANNA MUKTA TAPTI
High Court dismisses govt plea to enforce arbitral award against RILThe high court rejected the petition holding it to be "premature and not maintainable". The 2016 FPA is "not an executable arbitral award" ...- India to appeal arbitration award in favour of Reliance Industries and ShellOn 9 June, the government lost its appeal in The English Commercial Court against a Rs 867 crore ($111 million) arbitration award in favour...
- ONGC gets cracking at Panna-Mukta field; cost-saving measures reap dividendsSoon after taking over the field last month, ONGC changed the shipper to state-owned Shipping Corporation Ltd, resulting in saving of about...
- 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...
- 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%.
- ONGC takes over Tapti assets from BG, RelianceThe move will help save the company Rs 3,000-4,000 crore needed to build offshore infrastructure to produce gas from the Daman gas field.
- Tapti gas field expected to cease production by year end: RILThe depleted Tapti gas field of the Panna/Mukta and Tapti (PMT) cluster in Arabian Sea is likely to cease production by the end of this yea...
- Will follow court order in RIL arbitration case: Oil Minister"Whatever the Court has ordered we will do," Oil Secretary Kapil Dev Tripathi told reporters here. "I mean, we will do whatever is necessar...
- PMT Gas fields case: SC junks Centre's plea against arbitratorThe apex court in its order had set aside a Delhi High Court verdict by which it had agreed to hear the government's plea against the arbit...
- ONGC to take over Tapti gas field facilitiesWith Tapti output declining rapidly, partners in the Panna-Mukta and Tapti fields - RIL, BG and ONGC, have decided to abandon the field.
- PMT Gas fields case; Centre moves Supreme Court against arbitratorThe apex court on May 28 last year had allowed the plea of RIL arbitration in London over its dispute with the Centre on the Panna, Mukta a...
- 35% decline in gas output from Tapti field in past 3 yearsNatural gas production from the BG Group-operated Tapti field off the Mumbai coast has fallen by over 35% in past 3 years
- 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%.
- BG plans to pump $500 mn in Indian operationsBG Group has 30% stake in Panna/Mukta and Tapti oil and gas fields off the west coast. Besides, it has 25-24% stake in three exploration bl...
- RIL, ONGC consortium resume production at Panna-Mukta fieldsRIL & ONGC consortium resume production at Panna-Mukta fields off the Mumbai coast. The unit was closed for a month, following an explosion.
- RIL, ONGC consortium resume production at Panna-Mukta fieldsReliance Industries, BG Group of UK and Oil and Natural Gas Corp have resumed oil and gas production from Panna-Mukta fields off the Mumbai...
- RIL, ONGC to resume oil production at Panna-Mukta from WednesdayReliance Industries, British Gas and Oil and Natural Gas Corp may resume oil production from Panna-Mukta fields from Wednesday, but the gas...
- GAIL signs contract for PMT gasGAIL 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...
- BG-ONGC-RIL strike oil in Panna, MuktaThe British Gas (BG India)-ONGC-RIL consortium, operators of the Panna-Mukta-Tapti (PMT) block, has struck fresh oil.
- ONGC to revise bid for Panna-MuktaOIL and Natural Gas Corporation is likely to improve its offer of about $300 million for acquiring Enron's 30 per cent stake in Panna-Mukta...
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