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: Sunday, March 02, 2014, 13:00
After spending USD 4.12 billion in acquiring stake in a giant gas field in Mozambique, ONGC will invest another USD 3 billion as its share of cost of producing gas from the field and converting it into LNG.
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: Monday, February 17, 2014, 20:52
State-run oil and gas company ONGC Videsh signed two production sharing contracts (PSC) on Monday to explore oil and gas in Bangladeshi waters.
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, January 14, 2014, 18:30
ONGC Videsh (OVL), the overseas investment arm of state explorer Oil and Natural Gas Corp, is in talks with Petrobras to buy a stake in the Libra pre-salt project in Brazil, its managing director D.K. Sarraf said.
Last Updated: Wednesday, January 08, 2014, 14:17
ONGC Videsh Ltd (OVL) and Oil India Ltd (OIL) have completed the acquisition of Videocon Group's 10 percent stake in a giant Mozambique gas field for USD 2.475 billion, the companies said Wednesday.
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