trending Market Intelligence /marketintelligence/en/news-insights/trending/T6MoGAaHHW0Qq8E-Gf8lJw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Consortium to transfer Panna-Mukta oil, gas fields off India to JV partner ONGC

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights - September, 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Consortium to transfer Panna-Mukta oil, gas fields off India to JV partner ONGC

A consortium that developed the Panna-Mukta oil and gas fields will transfer the assets to partner Oil and Natural Gas Corp. Ltd., or ONGC.

Joint venture partner Royal Dutch Shell PLC said in a Dec. 19 news release that the consortium will return the fields when the production-sharing contracts for Panna-Mukta and the nearby Tapti fields expire on Dec. 21.

The Tapti fields stopped production in 2016 and their process platform facilities were given to ONGC in 2016. The joint venture is conducting the decommissioning and site restoration of other Tapti facilities, including five unmanned platforms and in-field pipelines.

The Panna-Mukta fields have produced 211 million barrels of oil and 1.25 Tcf of natural gas since December 1994, Shell said.

ONGC holds a 40% stake in the assets. Reliance Industries Ltd. and Shell subsidiary BG Exploration and Production India Ltd. each own a 30% interest.