Where is Farzad-B gas field located?
Table of Contents
- 1 Where is Farzad-B gas field located?
- 2 Which nation has rejected the bid by India’s ONGC Videsh Ltd OVL for operating rights in a gas field that it had first discovered?
- 3 Which country has Iran excluded from the Farzad B gas project?
- 4 Who discovered Farzad?
- 5 Where is ONGC located in India?
- 6 Which country has excluded India from the Farzad B gas projects?
- 7 Where is the registered office of ONGC?
Where is Farzad-B gas field located?
Iran
Farzad B is a gas and condensate field located at water depths ranging from 20m to 90m within the Farsi block in the Persian Gulf, offshore Iran. Spanning 3,500km², the Farsi offshore exploration block is owned by the National Iranian Oil Company (NIOC), a state-owned natural gas company.
Which nation has rejected the bid by India’s ONGC Videsh Ltd OVL for operating rights in a gas field that it had first discovered?
State-owned ONGC Videsh Ltd (OVL) lost development rights for the Farzad-B giant gas field in Iran to Iranian Petropars Group.
What is Farsi block?
The 3,500 square kilometre Farsi block sits in water depth of 20-90 metres on the Iranian side of the Persian Gulf. OVL, with 40 per cent operatorship interest, signed the Exploration Service Contract (ESC) for the block on December 25, 2002.
Which country has Iran excluded from the Farzad B gas project?
India
NEW DELHI: India has lost its $3-billion bet on Iran, with Tehran showing the door to New Delhi in the giant Farzad-B gas field in Farsi block after a decade of negotiations with a consortium of Indian state-run oil companies that discovered the asset in 2008.
Who discovered Farzad?
ONGC Videsh
The gas field was discovered in 2008 by a consortium of three Indian companies, led by the state-owned ONGC Videsh with a 40\% stake; the other companies were Indian Oil Corporation (40\%) and Oil India (20\%).
Which nation has rejected the bid by India’s ONGC Videsh Ltd?
PTI had on October 18, 2020, reported that NIOC had informed OVL of its intention to conclude the contract for Farzad-B development with an Iranian company, in an apparent rejection of the Indian firm’s bid.
Where is ONGC located in India?
Oil and Natural Gas Corporation (ONGC) is an Indian government-owned crude oil and natural gas corporation. Its registered office is in New Delhi….Oil and Natural Gas Corporation.
| Type | Government Corporation |
|---|---|
| Founded | 14 August 1956 |
| Headquarters | Deendayal Urja Bhawan, Vasant Kunj, New Delhi |
| Area served | Worldwide |
Which country has excluded India from the Farzad B gas projects?
India on Monday lost the ONGC Videsh Ltd-discovered Farzad-B gas field in the Persian Gulf after Iran awarded a contract for developing the giant gas field to a local company.
Where is ONGC headquarters?
Vasant Kunj, New Delhi, India
Oil and Natural Gas Corporation/Headquarters
Where is the registered office of ONGC?
New Delhi
Location Details – Oil and Natural Gas Corporation
| Location Type | Address |
|---|---|
| Registered Office | Plot No. 5A- 5B, Nelson Mandela Road, Vasant Kunj, New Delhi – 110001 Delhi – India Phone : 26754073, 26754085 Fax : 26129081 Email : [email protected] Internet : http://www.ongcindia.com |