ONGC Plans to Invest $1 Billion in Brazilian Offshore Block Held by Petrobras
India’s largest government-owned-oil producer ONGC Videsh Ltd (OVL), is likely to invest USD 1 billion in a Brazilian offshore hydrocarbon block and raise its stake....
Tag : OVL
OVL output increases to 12.57 mn tonnes in FY17
ONGC Videsh Ltd which is an overseas arm of the state owned Oil and Natural Gas Corp, has produced a record 12.57 million tonnes of...
OVL has raised USD 1 billion in bonds to fund Vankor acquisition
ONGC Videsh (OVL) has raised USD 1 billion by a US dollar bonds issue for financing its acquisition of 15 percent stake in Russia’s second...
OVL, Rosneft have signed agreement for 11% stake in Vankorneft
An agreement has been signed by ONGC Videsh Ltd for raising stake in Russia’s Vanok oil field by 11 percent to 26 percent for about...
OVL receives 1 year extension for exploring Vietnamese oil block
Oil and Natural Gas Corp’s overseas arm ONGC Videsh Ltd has got one year extension for exploring a Vietnamese oil block in the contested waters...
OVL has received Russian govt approval for $1.268 billion Vankor deal
ONGC Videsh Ltd‘s deal for buying 15 percent in the country’s second biggest oil field of Vankor from Rosneft for USD 1.268 billion has been...
OVL has signed MoU with Equatorial Guinea
An overseas arm of Oil and Natural Gas Corp (ONGC), ONGC Videsh Ltd has entered into an agreement with Republic of Equatorial Guinea for cooperation...