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ONGC Videsh


India, Iran to seal Farzad-B gas project by October

April 11, 2016 12:17 am

This was announced on Saturday in a joint-agreed document after the meeting between petroleum minister Dharmendra Pradhan and Iran’s petroleum minister Bijan Namdar Zanganch in Tehran on Saturday.

Russia’s 2nd biggest oil block: ONGC takes 15% stake in Siberian Vankor oilfield for $1.25 bn

September 05, 2015 3:12 am

The deal assumes significance to India as it will bolster the asset base of OVL and the energy-starved country would immediately start getting its share of crude oil to meet the increasing demand at home.

ONGC Videsh seeks tax relief to save Imperial buy

December 10, 2014 11:49 am

In a desperate bid to turn around Imperial Energy, its worst overseas buy, state-run ONGC Videsh...

Act east

October 31, 2014 3:05 am

New candour in ties with Vietnam could pave the way for a more forthright engagement with Southeast Asia.

OVL set to acquire equity in 2 PetroVietnam blocks, up India’s stake in South China Sea

October 28, 2014 2:08 am

The pacts would be signed during the visit of Vietnamese Prime Minister Nguyen Tan Dung who is on a two-day visit.

India looks to access 21.68 tcf of Iranian gas with new contract

October 15, 2014 11:10 am

ONGC Videsh spent nearly $90 million in finding hydrocarbons in the Farzad B field in the Farsi block.

‘No political angle’: Pranab allays China concerns over oil deal with Vietnam

September 18, 2014 2:09 am

PetroVietnam has offered seven new oil blocks to India, all of which are in territorial limits of Vietnam.

ONGC Videsh in talks with Pemex for Mexico exploration

September 02, 2014 11:07 am

ONGC Videsh (OVL), the overseas subsidiary of state-run explorer ONGC, is in talks with Petróleos Mexicanos (Pemex).

OVL inks deal with Rosneft for exploration

May 26, 2014 1:21 am

OVL has signed a deal with Russia’s largest oil and gas producer Rosneft to jointly explore hydrocarbons in the offshore Arctic.

Briefly Business

December 07, 2013 2:30 am

ONGC Videsh did not bid for any of the 13 blocks on offer in Sri Lanka mainly due to poor prospectivity