OVL wins two oil blocks in Columbia

Colombia's National Hydrocarbons Agency awarded the RC10 Caribbean oil block to a OVL and Ecopetrol of Columbia, OVL chief executive officer R S Butola told reporters.

NEW DELHI: ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp (ONGC), has won two oil blocks in Columbia.

Colombia's National Hydrocarbons Agency awarded the RC10 Caribbean oil block to a OVL and Ecopetrol of Columbia, OVL chief executive officer R S Butola told reporters here.

It awarded RC8 offshore oil block to a consortium of Petrobras of Brazil, OVL and Ecopetrol.

Columbia yesterday awarded 13 offshore oil and gas exploration blocks in the Caribbean sea to companies like BP and Petrobras.
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