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RIL and Shell might exit from Panna-Mukta
April 15, 2019

RIL and Shell might exit from Panna-Mukta

According to the sources, India's Reliance Industries Limited and Royal Dutch Shell are planning to exit the Panna-Mukta oilfields. Their contract with the government will expire this year. Currently, both the companies hold 30% participating interest in the field and another 40% is owned by the state-run ONGC. After the two companies will leave the field, the task of managing these depleting fields will go to ONGC.

   Read More About : India ONGC Royal Dutch Shell UPSTREAM RIL
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