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ONGC TERI Biotech Ltd: Unfulfilled promises
Jul 17: The ONGC TERI Biotech Ltd was set up with much fanfare to provide a boost to bioremediation as a viable technology in the oil and gas industry.
8The first project undertaken by OTBL was Microbial Enhanced Oil Recovery (MEOR) and prevention of wax deposition.
8But the company has not been able to move beyond its initial promise and it is reduced to doing odd jobs in a sporadic manner.
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