ONGC Videsh
ONGC Videsh may bid for Tanzanian oil blocks
27 Sep 2013
Kazakh govt helps CNPC oust ONGC from ConocoPhillips stake deal
By By Ravi Kunder | 02 Jul 2013
The Kazakhstan government has squashed ONGC's bid to acquire ConocoPhillips' stake in in the giant Kashagan oilfield, which it will now buy and sell to China's CNPC. By Ravi Kunder
OVL-OIL buying Videocon's stake in Mozambique's Rovuma for $2.48 bn
25 Jun 2013
The acquisition will be made via a newly incorporated entity in which OVL and OIL are expected to hold 60 per cent and 40 per cent stakes respectively
Retraction of ONGC's Mozambique deal could invite Sebi scrutiny
By By Ravi Kunder | 11 Jun 2013
ONGC's retraction of its press release announcing that its subsidiary OVL and Oil India had signed an agreement to buy Videocon's 10-per cent stake in a Mozambique gas field for $2.48 billion, could attract Sebi action. By Ravi Kunder
OVL, Oil India to buy Videocon’s stake in Mozambique gas field for $2.48 bn
10 Jun 2013
For Videocon, the sale brings in a massive windfall from its passive investment made in early 2008 after it initially paid around $75 million for its 10-per cent stake and spent around $200 million during phase 1
ONGC’s $5-bn bid for stake in Kashagan oilfield hangs in balance
By By Ravi Kunder | 22 May 2013
ONGC will have to wait until 2 July to find out the fate of its proposed $5 -billion acquisition of ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield. Ravi Kunder reports
Government approves OVL’s $1-bn Azerbaijan deal
By By Ravi Kunder | 31 Jan 2013
The cabinet committee on economic affairs today approved ONGC Videsh's $1 billion acquisition of US energy firm Hess Corporation's oil interests in three oil fields in Azerbaijan. By Ravi Kunder
Kazakh oil project partners approve ONGC's acquisition of ConocoPhillips' stake
By By Ravi Kunder | 29 Jan 2013
In November 2012, ONGC’s overseas arm ONGC Videsh had struck a deal to buy ConocoPhillips' 8.4-per cent stake in the Kashagan oilfield inKazakhstan for approximately $5 billion. Ravi Kunder reports
ONGC strikes oil in Colombia
21 Jan 2013
OVL has stakes in 33 projects in 14 countries, including countries like Vietnam, Myanmar, Syria, Sudan, Cuba and Iran
ONGC denies bidding $5 bn for ConocoPhillips' Canadian oil sand assets
25 Sep 2012
Oil and Natural Gas Corp today refuted media reports that said it had placed a $5-billion bid for part of ConocoPhillips' Canadian oil sand assets
ONGC Videsh buys Hess’s stake in Azerbaijan’s ACG fields for $1 billion
08 Sep 2012
The Azeri-Chirag-Gunashli oil field, which is currently at the execution stage, has a 30-year production sharing agreement with expected extraction of 1 million barrels of oil per day
ONGC Videsh may end oil exploration in South China Sea
11 May 2012
While OVL said it is pulling out of Block 128 in Vietnamese waters due to “techno-commercial” considerations, it has not yet approached its partner PetroVietnam for permission to stop operations
OVL, GAIL to jointly bid for UK's Cove Energy: report
14 Jan 2012
OVL is eyeing its second-largest overseas acquisition since its $2.1-billion acquisition of Imperial Energy in 2009
India, Russia to boost cooperation in oil sector
07 Dec 2011
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