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PTT EXPLORATION OF THAILAND
Thailand's PTT eyes ReNew Power's solar assets, againEnterprise valuation of portfolio could touch $1.75 bn. Due diligence ongoing. State-owned PTT, Thailand's largest conglomerate is already ...
ONGC for equity partnerships with global companies in tough fieldsFor years ONGC has struggled with some of its fields located in deep-sea or high-pressure or high-temperature areas, which require special ...
ReNew revives IPO plans, eyes overseas listing in London, NYSECo hopes to finalise $550-600 mn investment by PTT for a approx. 20% stake in coming weeks as a pre-IPO deal
Bharat Petroleum's Mozambique block acquisition under scannerThe approval to Bharat PetroResources Ltd (BPRL), the oil and gas exploration and production subsidiary of BPCL, investing its share of the...
Thai energy giant PTT in talks with Goldman for stake in ReNew, could invest $500 millionGoldman Sachs, the largest shareholder of ReNew with a 48% stake, has been looking to lower its holding and unlock value for some time afte...
Mozambique gas project of OVL, OIL ties up $14.9 billion debt for LNG project financing"Oil India announces that Rovuma Offshore Area 1 consortium (Area-1), led by Total confirms, the finalization of the Mozambique LNG senior ...
Moody's places ONGC, OVL rating on review for downgradeThe action reflected the rating agency's effort to recalibrate the ratings in the oil and gas portfolios to align with the fundamental shif...
ONGC Videsh-Oil India complete acquisition of Videocon stake for $2.475 billionONGC Videsh and Oil India have completed acquisition of Videocon Group's 10% stake in a giant Mozambique gas field for $2.475 bn, the compa...
Reliance, ONGC Videsh bid for oil blocks in MyanmarRIL has bid for three oil and gas blocks and ONGC Videsh Ltd for two in Myanmar's maiden offshore licensing round.
Cairn to ramp up Indian hydrocarbon productionCairn would be the operator of the farm-in transaction, with PetroSA holding the remainder 40%. Cairn was shooting seismic survey on the bl...
ONGC Videsh wins two oil blocks in MyanmarONGC Videsh Ltd has won two onland oil blocks in Myanmar, strengthening its presence in the south-east Asian nation.
ONGC Videsh eyes additional 10 percent stake in Mozambique blockONGC Videsh, fresh after buying Videocon's 10% stake in the Rovuma basin in Mozambique, has bid for an additional 10% stake in the basin.
Shell, ONGC alliance ahead in race to buy 20% in Mozambique gas blockONGC sources said the company’s overseas arm, ONGC Videsh Ltd, considered a higher bid for the stake, but the oil ministry is more circumsp...
India, China battle it out in Mozambique gas fields to secure energy assetsAccording to an investment banker directly involved in the transaction, Videocon's Venugopal Dhoot is expecting around $2.7 bn for his stak...
ONGC Videsh with Asian rivals is in race for Videocon stake in African gas fieldMozambique has turned out to be a windfall for the Venugopal Dhootcontrolled Videocon, with the value of their investments multiplying expo...
- Videocon may sell its 10 per cent stake in Mozambique basin
Videocon Industries is considering selling its 10 per cent stake in Mozambique’s Rovuma basin, scrapping an earlier plan to transport gas f...
- ONGC Videsh Ltd among firms shortlisted for fuel exploration in Afghanistan
OVL is among eight international energy firms shortlisted by Afghanistan for exploration of oil and gas in northern part of the country.
Discovery at Africa's basin where Videocon & BPCL hold stake may strengthen India's energy securityThe new discovery would make the basin's reserves 20 times the size of India's KG-D6 and make Mozambique a major exporter of LNG.
- Singapore's Temasek eyes upstream oil with new firm
Singapore state investor Temasek Holdings has set up an oil exploration subsidiary to help diversify its financials-heavy portfolio, enteri...
- 7 Indian firms among top 250 global energy companies
In the annual rankings of Platts Top 250 Global Energy, ONGC and Reliance Industries have made into the top 50 with rankings of 23 and 39 r...