NEW DELHI: State-owned Oil and Natural Gas Corp Ltd has completed nine projects worth around 220 bln rupees so far in 2015-16 (Apr-Mar) and expects to finish another 12 worth nearly 130 bln rupees by May 2016, Chairman and MD D.K. Sarraf said. Most of these are development and redevelopment projects, with which ONGC hopes to raise its crude oil and gas output going forward, Sarraf said. The company has discovered oil and gas in well F-1 in the northern development area of its KG-DWN-98/2 offshore block in the Krishna-
Godavari basin. -Cogencis