Last Updated: Tuesday, April 08, 2014, 16:57
OVL had bid for two of the 10 shallow-water blocks that Myanmar had auctioned in December but drew a blank when the fields were awarded on March 26.
Last Updated: Tuesday, March 18, 2014, 18:50
Anil Bhandari has taken over as Director (Exploration) of ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC).
Last Updated: Saturday, March 01, 2014, 00:49
In a statement, OVL said it has bought a 10 percent stake in the Rovuma Area 1 offshore gas field from Anadarko Petroleum Corp of US.
Last Updated: Wednesday, February 12, 2014, 21:29
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has raised USD 2.5 billion in foreign loans to fund its acquisition of 10 percent stake in a giant Mozambique gas field.
Last Updated: Friday, February 07, 2014, 17:30
"Rosneft, Russian exploration and production company, has offered nine exploration offshore blocks in Barents Sea and one in Black Sea to OVL," she said in a written reply to a question.
Last Updated: Thursday, February 06, 2014, 18:21
A Parliamentary Committee has sought a review of ONGC Videsh Ltd's USD 2.1 billion acquisition of Russia-focused Imperial Energy after production and oil reserves turned out to be way below projections made prior to the purchase.
Last Updated: Wednesday, January 15, 2014, 21:46
After securing almost a third of a giant gas field in Mozambique, India Wednesday pitched for buying most of the natural gas from the project to feed its starving power plants back home.
Last Updated: Tuesday, January 14, 2014, 19:03
Oil-rich Sudan Tuesday offered ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, two oil and gas blocks as India looks to strengthen energy ties with the African nation.
Last Updated: Tuesday, December 31, 2013, 14:44
ONGC Videsh Ltd, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), has completed acquisition of an additional 12 percent stake in a Brazilian oilfield for USD 561 million after blocking a Chinese entry.
Last Updated: Monday, December 23, 2013, 18:31
India Monday evacuated all its oil employees from strife-torn South Sudan and shut down oilfields amid escalating violence in the world's youngest nation.
Last Updated: Sunday, November 24, 2013, 16:36
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is looking to buy a stake in US supermajor Chevron's USD 4.3 billion Block B gas project in Vietnam.
Last Updated: Thursday, November 21, 2013, 09:02
The exploration pact between Petrovietnam and ONGC Videsh Ltd would allow activities in Vietnam, India as well as in a third country.
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