OVL qualifies for oil and gas contracts in Iraq
ONGC Videsh (OVL), the overseas arm of public sector Oil & Natural Gas Corp, on Monday qualified to bid for oil and gas contracts in Iraq to develop one of the world’s largest oilfields, a company official said.
By TNN |
NEW DELHI: ONGC Videsh (OVL), the overseas arm of public sector Oil & Natural Gas Corp, on Monday qualified to bid for oil and gas contracts in Iraq to develop one of the world���s largest oilfields, a company official said. OVL is the only Indian company in the list of 35 firms that the Iraqi government, headed by Nouri al-Maliki, has found to be eligible for bidding for the contracts, the official said.
The list contains four Chinese firms: CNOOC, CNPC, Sinochem and Sinopic group. It also names seven energy majors from the US, including Chevron, Conoco Phillips, Exxonmobil, Marathon and Occidenal Petroleum. Reliance Industries had not participated in the qualification round after Baghdad threatened to blacklist the firm for signing contracts for two oil blocks with Kurdistan Regional Government.
The list contains four Chinese firms: CNOOC, CNPC, Sinochem and Sinopic group. It also names seven energy majors from the US, including Chevron, Conoco Phillips, Exxonmobil, Marathon and Occidenal Petroleum. Reliance Industries had not participated in the qualification round after Baghdad threatened to blacklist the firm for signing contracts for two oil blocks with Kurdistan Regional Government.
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