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OVL ACQUISITION
ONGC bets on gas-led growth as premium pricing boosts profitabilityONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantl...- 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 Videsh completes $1.3 billion stake acquisition in Russian fieldThe overseas arm of state-owned Oil and Natural Gas Corp (ONGC) said the acquisition of 15 per cent stake in JSC Vankorneft.
- ONGC Videsh Ltd reaps Rs 700-crore gain on Euro bonds issueThe overseas arm of ONGC has made a gain of about Rs 700 crore on a Euro loan it had raised to finance its Mozambique acquisition.
- Parliamentary panel raps ONGC Videsh for Imperial Energy acquisitionThe Committee, which had last year sought review of the $2.1 billion acquisition, said OVL has not offered any explanation to oil reserves ...
- Parliamentary panel seeks review of OVL's Imperial Energy acquisitionA Parliamentary Committee has sought a review of OVL's acquisition of Imperial Energy after production and oil reserves turned out to be wa...
- OVL, Anadarko deal could hit a roadblockGlobal banks are said to have turned down OVL’s debt raising plans due to worries over the company’s investments in Iran, sources indicated.
- OVL to buy Anadarko's 10% stake in Mozambique field for $2.6 billionONGC Videsh likely to buy Anadarko Corp's 10% stake in Mozambique gas field for $2.6 billion this week.
- ONGC Videsh eyes energy assets in US; Oil India close to buying Africa assetAfter Kazakhstan, and Mozambique, ONGC Videsh and Oil India have set their sights on acquiring new oil and gas assets in the US and Africa.
- ONGC jumps the gun, announces Videocon deal before it is dueOIL too felt such an announcement was at least a couple of days away and should have been done only when the requisite agreements had been ...
- OVL-OIL to buy Videocon's 10% in Mozambique field for $2.45 bnONGC Videsh Ltd and Oil India Ltd will buy Videocon Industries' 10 per cent stake in a giant Mozambique gas field for USD 2.475 billion.
- ONGC Videsh Ltd to raise $3 bn for Kazakh acquisitionOVL in November last year agreed to buy ConocoPhillips' 8.4 per cent stake in Kazakhstan's biggest oilfield, Kashagan, for USD 5 billion.
- 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 may acquire management control to buy ImperialOVL may pick up even less than 90% valid sale offers to acquire management control of Imperial, if 90% condition is not met. World's larges...
- ONGC Videsh to go ahead with Imperial Energy dealONGC Videsh has decided to go ahead with the acquisition of the UK-listed Imperial Energy. World's largest refining companies | World's top...
- Russia says no pre-condition to OVLs acquisition of ImperialIn a boost to ONGC Videsh Ltds bid to buyout Imperial Energy Corp Plc, Russia today said it will not set any pre-condition like a stake for...
- OVL not to revise Imperial bid priceThe fall in international oil prices notwithstanding, ONGC Videsh Ltd will not revise its 12.50 pounds a share buyout of Imperial Energy Co...
- ONGC says no to OVL listing; funding in place for Imperial buyONGC on Thursday said it has no plans to list its overseas subsidiary OVL and has 'ready cash' to meet fund acquisition of UK-listed Imperi...
- ONGC Videsh in talks to buy Canadian oil coONGC Videsh - the foreign investment arm of ONGC - is in talks to take over a mid-sized listed Canadian oil company having hydrocarbon bloc...
- indi-Chini bhai, bhai: The slogan finally worksUpstream oil major ONGC has acquired another oil producing asset through its subsidiary ONGC Videsh (OVL), this time in Colombia.
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