ONGC Videsh Ltd signs MoU with PetroEcuador
ONGC Videsh Ltd on Wednesday signed MoU with Ecuador State oil company PetroEcuador to bid jointly for oil and gas block in Ecuador and other countries.
By PTI |
NEW DELHI: ONGC Videsh Ltd on Wednesday signed MoU with Ecuador State oil company PetroEcuador to bid jointly for oil and gas block in Ecuador and other countries.
OVL shall also study investments in liquid natural gas in Ecuador, official sources said.
PetroEcuador and OVL would form a JV for exploitation of hydrocarbons in existing and new areas.
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