Rs 3,740 crore ONGC project to boost Mumbai High output

Apr 23,2022

Rs 3,740 crore ONGC project to boost Mumbai High output

NEW DELHI: Oil minister Hardeep Puri on Saturday dedicated to the nation state-run ONGC's Rs 3,740 Mumbai High South offshore redevelopment projects that will yield more than 7 million tonne of oil and a billion cubic meters of gas.
Accompanied by company chairman Alka Mittal and directors OP Singh and Pankaj Kumar, Puri asked ONGC to put more efforts to raise output and speed up exploration.

The minister also appreciated ONGC's efforts in implementing the projects. This is the first EOR (enhanced oil recovery) initiative in an Indian offshore field and has been implemented under a 2018 policy for raising output from domestic fields.
This is Puri's first visit to an offshore project and will sensitise him about ONGC's efforts that have kept the Mumbai High field, which started production in 1975, alive till this day and raising production by adding new discoveries over the years.
The oil ministry had earlier asked ONGC to sell majority stake in the Mumbai High field to overseas private companies, ostensibly to induct technology. Later it asked ONGC to find a technology partner.