ONGC wins 1000 crore award in cost disputes with 3 companies
Wednesday, 24 January 2024 State-run ONGC wins international arbitration awards worth Rs 1,000 crore in cost-sharing disputes with Petrobras, ENI, and Rocksource. The disputes are related to offshore exploration blocks in Mahanadi, Krishna-Godavari and Cauvery basins. ONGC's work execution quality is validated by the unanimous awards.
State-run ONGC has won multiple international arbitration awards worth Rs 1,000 crore in cost-sharing disputes with Petrobras, ENI, and Rocksource. The disputes... IndiaTimes
State-run ONGC wins international arbitration for Rs 1,000 crore against Petrobras, ENI, and Rocksource. The arbitration awards were unanimous, affirming ONGC's... IndiaTimes