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ONGC's $ 2 billion KG-DWN-98/2 project-III: Company wants to transfer completion risk quickly to the winning bidder
Apr 24: ONGC is hell bent on ensuring that the timelines set for the KG-DWN-98/2 project are not compromised
8What are the strategies that the Indian E&P major are following to ensure that the project comes up on time?
8The basic strategy is to use its global consultancy resources to transfer the timeline risk away from itself to world class LSTK consortiums.
8It is learnt that there are two different set of programes in place
8The first is to get the gas production going on time
8And the second is to ensure that first oil comes out on time along with all other completion activities
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