The investment will take place Sivasagar and Charaideo districts of Upper Assam, besides planning to hire over 300 persons in the state, ONGC Director (Onshore) S K Moitra said.
State-run Giant ONGC would be making massive investment of approximate Rs.6,000 crore in exploring and drilling 200 developmental Wells across in Sivasagar and Charaideo districts of Assam.
S K Moitra, Director (Onshore), ONGC, on his maiden visit to ONGC Assam Asset, after taking over the charge of Director (Onshore) said expressed happiness that as a New Year gift, 308 numbers of Posts for recruitment by ONGC Assam Asset (non-executive level) has been announced/published on the very first day of 2019.
Talking about hiring in the state, Moitra said: “The ONGC Management has always accorded top priority to Assam and in 2019, special focus is being given. As a New Year gift, 308 posts for recruitment by ONGC Assam Asset (non-executive level) has been announced.
ONGC recently said in a press release confirmed that it will be investing Rs.6,000 Crore in drilling 200 Developmental Wells across fields under ONGC Assam Asset in Sivasagar and Charaideo districts.
The Wells are proposed to be drilled during the next seven years starting from 2018-19 and all necessary statutory clearances are being gathered and obtained. The investment planned will lead to increase in production from the Assam state.
The company stated, “ONGC is further giving impetus to its activities in alignment with Prime Minister’s call for reducing import by 10% by 2022 and North East Hydrocarbon Vision 2030.”