ONGC KG Basin Peak Production Delayed to 2024 End

05 Apr 2024 CW Team

ONGC's anticipated peak production phase at the KG Basin might face a setback, potentially delaying its realisation until the end of 2024. This delay is attributed to various factors, including logistical challenges, operational complexities, and regulatory hurdles.

The postponement of peak production at the KG Basin poses challenges for ONGC's operational timelines and revenue projections. The company must navigate through the obstacles to ensure efficient exploration and extraction processes in the region.

ONGC's KG Basin project holds significant importance for India's energy sector, as it plays a crucial role in the country's domestic hydrocarbon production. Any delay in achieving peak production could impact India's energy security and necessitate adjustments in the nation's energy strategy.

Despite the potential delay, ONGC remains committed to optimising its operations at the KG Basin and overcoming the challenges hindering peak production. The company continues to explore innovative solutions and leverage its expertise to expedite the project's progress.

ONGC's efforts to address the delays at the KG Basin underscore its resilience and determination to enhance domestic oil and gas production. The company's proactive approach in overcoming obstacles reflects its dedication to contributing to India's energy self-sufficiency and economic growth.

As ONGC navigates through the challenges associated with the KG Basin project, stakeholders closely monitor developments in the region. The successful execution of the project is critical not only for ONGC's growth trajectory but also for India's energy landscape and overall economic development.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..