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Oil And Gas

Cairn India and partners to develop Ambe, North Tapti gas fields

10/06/2009 02:30:00 PM

Mumbai, Oct (EPC News): Cairn India, along with its partners ONGC and Tata Petrodyne, may get to develop the discovered Ambe field in Cambay Basin along with ONGC's North Tapti fields.

The Directorate General of Hydrocarbons (DGH) has reportedly agreed to the consortium proposal for the development of the Ambe field. CB/OS-2 (Ambe field) is a block offered under a production sharing contract (PSC) prior to New Exploration Licensing Policy regime.

While Ambe field belongs to a consortium of ONGC (50 per cent), Cairn India-operator (40%) and Tata Petrodyne (10%), the North Tapti field is owned by ONGC.

EPC News Bureau