Untitled Document

Excon, Excon 2011 Biggest Construction Equipment Trade fair India.

Find all the latest updates on construction, construction equipments, softwares, infrastructure news, global trade shows, and get deep insights into the construction & infrastructure industry.


	Home About Us New Issue Advertise Subscribe Subscribe Enquiry Subscribe Online Events Contact

IRB Infrastructure Forms JV with Reliance Infrastructure for NHAI project | JSW raises Rs1849 cr via warrants issue | NTPC may buy stake in Australian coal mines | RIL plansto invest US $4 bnover 3 yrs for broadband | TATA Metaliks to construct 3mt steel project in Karnataka | Vizag Port in pact with Sterlite SAIL and Essar for integrated logistics hub | Sarguja UPMM in Chattisgarh delayed due to environment clearance |Chhattisgarh to plant six crore saplings this monsoon |Reliance Ind to infuse $3 bn to expand petrochem unit in Gujarat | Govtfavors 10% disinvestment in Coal India, Hindustan Copper

www.epcworld.in

Airports & Aviation

Cement

Equipment

Construction Equipments

Mining Equipments

Material Handling Equipments

Global Brief

Information Technology

Logistics & Transport

Oil and Gas

Ports and Shipping

Power & Energy

Railways

Real Estate

Roads and Bridges

Steel

Telecom

Andhra Pradesh CM killed in copter mishap | Kolkata Port invites bids for HDC | Govt signs agreements with World Bank for three projects | Thermax enters into JV with SPX Corp | IVRCL Infra bags Rs 583 cr water projects

Global Brief

ONGC Mittal Energy walks out of Trinidad deal

6/26/2009 4:13:00 PM

Port of Spain, June (EPC News): ONGC Mittal Energy Ltd (OMEL) has pulled out of oil and gas production sharing contract it had signed with the Trinidad and Tobago government six months ago, Energy Minister Conrad Enill said.

"We had an arrangement with the Mittal group, OMEL, and by letter dated 28 May, 2009, they indicated they are unable to proceed," Enill said. A consortium bringing together OMEL and Trinidad and Tobago's state-owned oil company Petrotrin signed the contract with the government in December to carry out exploration on the North Coast Marine Area (NCMA) Block 2, which comprises 98,669 hectares (243,816 acres). Enill said the NCMA Block 2 would now be included in the country's next oil bidding round, which does not yet have a scheduled date.