Kashagan oilfield

ONGC gets partners' nod for USD 5-billion Kashagan stake buy

ONGC Videsh Ltd, which trumped a strong bid by arch-rival China National Petroleum Corp to bag a stake in Kazakhstan's giant Kashagan oilfield, has cleared the first hurdle when it secured approval of all the partners in the project for its USD 5 billion acquisition.

Jan 28, 2013, 16:11 PM IST

IOC-OIL drops plan to buy stake in Kashagan oilfield

Indian Oil-Oil India consortium has dropped plans to buy stake in Kazakhstan's massive Kashagan oilfield but is in advanced stages of talks to buy Establishments Maurel & Prom SA's assets in Gabon.

Nov 14, 2011, 22:27 PM IST