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05 Oct 2016

Government clears ONG's extra 11% stake buy in Russia's Vankor fields

The cabinet has approved ONGC Videsh`s purchase of an additional 11 percent stake in Russia`s Vankor oil fields from Rosneft for $930 million, raising the Indian firm`s stake in the project to 26 percent, a government statement said.

05 Oct 2014

Russia's Rosneft offers OVL stake in Vankor oilfield

Rosneft has made a formal offer to sell 10 percent stake in the strategic oilfield in Siberia to ONGC Videsh Ltd, the overseas arm of the state-owned explorer.

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