Reliance Industries, ONGC and BG, which jointly operate the Panna Mukta and Tapti (PMT) oil and gas fields in Western offshore, are planning to invest about $1 billion in the next few years to improve productivity from the area.
The three partners plan to increase production by about 60% by 2009, said petroleum minister Murli Deora while dedicating the new Tapti Compression and Processing Platform (TCPP) to the nation at a ceremony held in Mumbai. The PMT fields account for 8% of
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