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ONGC's $5 billion KG-DWN-98/2: How did ONGC get it wrong?
Jul 05:
Find out more on how ONGC, on hindsight, seemed to have gone about the wrong way in developing the KG-DWN-98/2 block.
8Why did it fail to adhere to both time and cost limits while the BP-RIL combine was able to start from behind but was able to place orders before ONGC
8The basic fault was in the designing of the developmental plan, according to knowledgeable consultants.
8But then ONGC had its own contractual limitations that did not allow it go the way most international companies involved in such complicated offshore developments would have gone.
Click on Details for more
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8Why did it fail to adhere to both time and cost limits while the BP-RIL combine was able to start from behind but was able to place orders before ONGC
8The basic fault was in the designing of the developmental plan, according to knowledgeable consultants.
8But then ONGC had its own contractual limitations that did not allow it go the way most international companies involved in such complicated offshore developments would have gone.
Click on Details for more
