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ACG FIELD
After 10-month hiatus, Azerbaijan begins crude oil exports to IndiaAfter a 10-month pause due to pricing disagreements, Azerbaijan has resumed crude oil exports to India, signaling improved bilateral relati...- OVL completes acquisition of Equior's stake in Azerbaijan oilfield for $60 mnONGC Videsh Ltd completes the acquisition of a 0.615% stake in Azerbaijan's ACG oilfield and a 0.737% share in the BTC pipeline from Equino...
- ONGC shares jump 3% on signing gas deal in AzerbaijanThe addendum to the ACG PSA allows progress in exploring, appraising, developing, and producing Non-Associated Natural Gas (NAG) from the A...
- ONGC acquires Equinor stake in Azerbaijan oilfields for USD 60 mnONGC Videsh will acquire Equinor's 0.615% stake in ACG oil field and 0.737% in BTC pipeline for $60 million, adding to its 2.31% ACG and 2....
- ONGC Videsh to acquire stake in ACG oil field, AzerbaijanAccording to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field an...
- ONGC arm raises $500m in foreign currency loanONGC Videsh has drawn the facility and used the funds to repay $500 million in bonds that matured last week. The company had raised $800 mi...
- Indian companies' oil & gas output from overseas fields drops 11%The output declined to 12.8 million metric tonnes of oil equivalent (mmtoe) during April-October this year from 14.4 mmtoe in the same peri...
- ONGC Videsh's Azerbaijan contract extended until 2049The companies agreed to pay $3.6 billion in bonus to the government and higher stake in the fields to the state oil firm of the Central Asi...
- ONGC Videsh signs pact with SOCAR TradingTo begin with, OVL's share of oil from the Azeri, Chirag and Guneshli (ACG) group of fields in Azerbaijan will be traded through the new ve...
- ONGC Videsh Ltd signs pact with Turkish oil firm TPAOOVL Managing Director S P Garg and Turkish Petroleum Crop (TPAO) President and CEO Besim Sisman signed the memorandum of understanding
- ONGC Videsh Ltd Q1 profit jumps 72 per cent to Rs 837 croreNet profit in April-June quarter rose by 71.9 per cent to Rs 837 crore from Rs 487 crore in the same period a year ago, the company said.
- OVL to raise up to $1 billion via dollar issue to fund Azerbaijan buyONGC Videsh, the overseas arm of state-owned Oil & Natural Gas Corp (ONGC), on Tuesday said it aims to raise up to $1 billion through a dol...
- ONGC Videsh Ltd to raise $1 billion to fund Azeri acquisitionThe company, which gets most of its funds from its parent firm, has already appointed merchant bankers for raising the debt, a source said.
- Cabinet Committee on Economic Affairs approves OVL's $1 billion Azerbaijan acquisitionThe Cabinet Committee on Economic Affairs (CCEA) today approved ONGC Videsh Ltd's acquisition of stake in an Azerbaijan oilfield for $ 1.00...
- CCEA to consider approving OVL's $1 bn Azerbaijan acquisitionThe acquisition was subject to government and regulatory approvals and is expected to close by the first quarter of 2013.
- OVL plans to raise $1 bn via dollar bonds issue in Q1 of FY13 to fund its recent acquisition in AzerbaijanONGC Videsh plans to raise about $ 1 billion through a dollar bonds issue early next year to fund its recent acquisition in Azerbaijan.
- ONGC chief denies bidding for assets of Canadian firm ConocoPhillipsONGC has not yet made a bid for stakes in Canadian oil sands assets owned by ConocoPhillips, head of the state-run oil explorer said.
- ONGC Videsh likely to see drop in production this fiscal: D K Sarraf, Managing DirectorONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is likely to see drop in production this fiscal due to pr...
- Broker's call on JPV, ONGC, Prestige Estate Projects, InfosysCitigroup has maintained a ‘Buy’ recommendation on Jaiprakash Power Ventures and set a target price of Rs 46 to factor in 2-11% EPS cut.
- OVL to buy Hess' stake in Azeri-Chirag-Gunashli oil fieldOVL has reached an agreement to buy 2.72% stake held by Hess in the largest oil field in the Azerbaijan sector, sources said.
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