ONGC to manage Amguri oilfield in Assam

New Delhi: Oil and Natural Gas Corporation (ONGC), the country's biggest energy explorer, to manage the Amguri oilfield in Assam.

The original operator, Canoro Resources, had its production sharing contract (PSC) terminated on government order last year.

The participating interest in Amguri has passed on to the government from Canoro Resources after the PSC was terminated.

The field was producing about 1,000 barrels of oil equivalent per day (boe) before its closure on December 3, 2010, on technical issues.