ONGC Videsh Ltd

News

ONGC VIDESH LTD NEWS

ONGC Videsh has less than $100 mn stuck in Russia, says official

May 29, 2023 3:27 pm

Indian state oil firms have invested $5.46 billion in buying stakes in four different assets in Russia. These include a 49.9 per cent stake in the Vankorneft oil and gas field and another 29.9 per cent in the TAAS-Yuryakh Neftegazodobycha fields.

OVL inks deal with Russia's Rosneft to explore hydrocarbons

May 25, 2014 8:50 pm

The parties will jointly consider forming a consortium led by Rosneft and involving other partners.

Kazakhstan offers oilfield to ONGC Videsh

May 05, 2014 12:50 am

Kazakhstan made the offer at the meeting of the Joint Working Group in Astana late last month, official sources said.

Sudan offers ONGC Videsh two oil & gas blocks

January 15, 2014 3:58 am

In March 2003, OVL acquired a 25% interest in Greater Nile Oil in Sudan.

Briefly Business: OVL,Cairn to jointly bid for Sri Lankan blocks

November 07, 2013 2:39 am

Sri Lanka is offering 13 offshore exploration blocks in the Cauvery and Mannar basins,located to the North and West of the island nation.

India Incs nine-month M&A deal tally at $24 billion: Report

October 12, 2013 3:43 am

In terms of deal value as well,there has been a significant decline in the last two years.

OVL-OIL to buy 20% in Mozambique gas field

October 05, 2013 4:18 am

OVL and OIL have been permitted by buy Videocon Groups 10 per cent interest in the Rovuma Area-1 for $2.475 billion.

Briefly Business

September 25, 2013 3:54 am

The Reserve Bank on Tuesday said now all types of companies can avail trade credit facility from overseas for import of capital goods.

In a first,OVL blocks Chinese bid; to buy Brazilian oilfield stake

September 19, 2013 3:30 am

In a first by an Indian firm,ONGC Videsh Ltd (OVL) has exercised its pre-emption rights to block Chinas Sinochem Group from buying 35 per cent interest in a Brazilian oilfield for $1.54 billion.

Task force on local currency trade to meet today

September 11, 2013 2:48 am

OVL may buy Petronas stake in Venezuela.

‘Violence in Nepal is heart-rending’: PM Modi expresses concern as KP Sharma Oli resigns

India6 hr ago

Prime Minister Narendra Modi showed worry about the turmoil in Nepal and stressed the need for peace and stability. The Nepal Army and security officials called for dialogue to restore order amidst growing protests and the resignation of Prime Minister K P Sharma Oli. The Indian government issued a safety advisory for Indian citizens, advising against travel until the situation improves.

View all shorts