<p>Oil and Natural Gas Corp (ONGC) will invest Rs 8,554 crore in producing crude oil from two cluster of marginal fields in the western offshore by 2012.<br /><br />The board of Oil and Natural Gas Corp on Friday approved developing B-22 cluster and B-193 cluster at an estimated cost of Rs 8,554.26 crore with foreign exchange component of $1.697 billion, a company release here said.</p>
<p>Oil and Natural Gas Corp (ONGC) will invest Rs 8,554 crore in producing crude oil from two cluster of marginal fields in the western offshore by 2012.<br /><br />The board of Oil and Natural Gas Corp on Friday approved developing B-22 cluster and B-193 cluster at an estimated cost of Rs 8,554.26 crore with foreign exchange component of $1.697 billion, a company release here said.</p>