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CASPIAN SEA FIELD
Russia approves law permitting drones to be shot down over oil and gas rigs in Caspian Sea, Ifx reportsRussia's second-largest oil producer Lukoil extracts oil at two major projects in the Caspian Sea - the Filanovsky and Korchagin fields, w...- 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...
- Is the Caspian Sea shrinking? Azerbaijan raises alarm as major part of its economy could face the bruntThe Caspian Sea is rapidly shrinking, raising alarms in Azerbaijan due to its impact on ports, oil shipments, and vulnerable wildlife. Decl...
- 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 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....
- Kazakhstan offers oil field to ONGC Videsh Ltd in the Caspian SeaStatoil had in February 2013 given up the Abai offshore block spending about seven years negotiating to start exploration.
- ONGC Videsh in talks to buy oil, gas blocks in KazakhstanONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is in talks to acquire more oil and gas blocks in Kazakhs...
- 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).
- 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, Kazakh oil field to sign agreement in FebA peak output of 287,000 barrels per day (14.3 million tonnes a year) is envisaged from the 256 million tonnes of reserves in the field.
- ONGC hoping to sign contract for Satpayev oil field next weekOil and Natural Gas Corp (ONGC) is hoping to sign a contract for Kazakhstna's Satpayev oil field next week .
- OVL turns down Mittal offer to buy stake in Kazakh oil companyIndustry sources said OVL may have declined Mittal's offer because it thought the company was a sinking ship with oil production falling. B...
- BP CEO visits Azerbaijan amid talk of asset salesBP's embattled Chief Executive Tony Hayward is visiting oil-rich Azerbaijan amid speculation the company may sell assets to help pay for th...
- OVL gets nod to buy 25% in Kazakh blockONGC Videsh Ltd (OVL), which has partnered with London-based LN Mittal Group for oil exploration overseas, has received government approval...
- ONGC gets nod to partner L N Mittal for Satpayev stake buyONGC Videsh Ltd gets govt nod to pick 25% stake in Satpayev Block in Kazakhstan through ONGC-Mittal Energy Ltd. In Pics: Countries most vul...
- ONGC-Mittal to pay $80 mn for 25 pc stake in Kazakh oilfieldOil and Natural Gas Corp and its billionaire partner Lakshmi N Mittal will pay $80 million signing bonus for taking a 25 per cent stake in ...
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