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AZERBAIJAN GAS PRODUCTION
Imported voters, fake websites: Russia's covert efforts to stop Armenia's pivot WestRussia is reportedly working to unseat Armenia's leader ahead of the June 7 election. Moscow fears his re-election will cement Armenia's sh...- TotalEnergies plans to start phase two output at Azerbaijan's Absheron gas field in 2029TotalEnergies is set to begin the second phase of production at Azerbaijan's Absheron gas-condensate field on September 1, 2029. A final in...
- 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...
- COP hosts set to increase combined oil and gas production by 33% by 2035, says reportAzerbaijan, the UAE, and Brazil, hosts of upcoming UN climate conferences, plan to increase their oil and gas production by 33% by 2035. Th...
- 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....
- EU, Azerbaijan plan gas deal in pivot away from RussiaThe draft highlighted the importance of "long-term, predictable and stable contracts" to provide security to gas producers. But it also sai...
- 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 output may fall in FY21 on natural decline, OPEC+ supply cutONGC Videsh produced about 15 million metric tonnes of oil equivalent (mmtoe) in 2019-20, marginally higher than 14.83 mmtoe in 2018-19, ma...
- Increasing production, overseas acquisitions immediate focus areas: DK Saraff, Chairman-designate, ONGCPreviously the head of ONGC Videsh he has helmed a slew of new and expensive acquisitions of oil and gas acreages.
- Sudan offers two oil blocks to ONGC: Oil MinisterONGC’s foreign arm ONGC Videsh said it would evaluate the offer. “The offer is for block-15 and block-8. The later one also has some gas pr...
- ONGC Videsh raises $800 million to partly finance Azerbaijan acquisitionONGC Videsh said it has raised $800 million to part-finance its recent acquisition of interest in an oilfield in Azerbaijan.
- 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.
- OVL completes acquisition of 2 Caspian assetsUS energy firm Hess Corporation has completed the $1-billion sale of its stakes in oil-rich Chirag and Guneshli fields to ONGC Videsh (OVL).
- ONGC Videsh's plan to buy assets in Azerbaijan gets nod“The acquisition shall provide OVL, oil production of about 1 million tonnes per year for about a decade,” the oil ministry said after the ...
- 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 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...
- OVL to bid over $300 mln for Caspian Energy GroupONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp (ONGC), is likely to bid over $ 300 million to buy Caspian Energy G...
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