The Oil and Natural Gas Corporation (ONGC) will invest more than Rs 13,000 crore in exploring oil and gas by drilling over 220 wells across Assam in the next five years.
The company has signed a memorandum of understanding (MoU) with the Assam government for enhancing its exploration and production activities in the state.
ONGC is giving impetus to its activities in alignment with the Prime Minister's call for reducing import by 10 percent by 2022 and Northeast Hydrocarbon Vision 2030.