Financial results of ONGC Videsh Ltd, the wholly-owned subsidiary of ONGC, for the year ended 31st March 2014 were considered and approved by the Board in its meeting held on May 20, ONGC Videsh’s press office has said.
Russian state oil major Rosneft has offered ONGC Videsh Ltd (OVL) a stake in nine offshore oil and gas blocks in Barents Sea and one in Black Sea, Economic Times reported on February 7.
Brazil's state-run oil company Petroleo Brasileiro SA, or Petrobras, on January 14 "emphatically denied" that it is in talks with India's ONGC Videsh to sell part of its stake in the giant Libra offshore prospect in Brazil.
ONGC Videsh, the overseas investment arm of explorer Oil and Natural Gas Corp (ONGC.NS), is considering an oil-for-debt deal to help fund the acquisition of a Mozambique gas field, its head of finance S.P. Garg said on January 6, Reuters has reported.
India is likely to be a part of the Eurasia Project of the Kazhakhstan government to develop oil and gas assets in the north Caspian Sea, India’s Business Standard reported on December 23.
Two groups of Japanese and Indian companies may take a combined stake of almost 10 percent in Russia's Yamal liquefied natural gas (LNG) project, which would benefit from broader access to Asian markets from the sale, Reuters reported on November 28, citing the newspaper