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ONGC Videsh wins $190 million arbitral awards against SudanFollowing the arbitration awards, OVL has sent demand notices to the Sudanese government seeking payments, the people cited above said, add...- Sudan owes ONGC Videsh $560 mn in unpaid dues: GovtOVL, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), had a 25 per cent stake in Block 2A&4 in Sudan. Sudan had sinc...
- Frustrated with non-payment of dues, ONGC exits from SudanONGC Videsh Ltd (OVL), the overseas investment arm of the state-owned firm, as also its Chinese partner CNPC and Malaysia's Petronas have w...
- ONGC, its partners likely to exit oil blocks in SudanState-run co along with JV partners China, Malaysia upset as oil dues from Sudan rise to $500 million.
- Sudan wants ONGC Videsh to withdraw arbitration over oil payment duesOVL, however, said it would continue with the arbitration process and work simultaneously with Sudan to find out a suitable mechanism of re...
- Sudan denies licence extension to ONGC Videsh; seeks higher taxes'OVL, which held 25 per cent stake in the block, and its partners China National Petroleum Corp (CNPC) and Malaysia's Petronas did not agre...
- Sudan holds up OVL oil field licence extensionOVL, the overseas arm of the state-owned Oil and Natural Gas Corporation (ONGC), in 2003 had bought a 25 per cent stake in Greater Nile Oil...
- Sudan offers ONGC Videsh three more oil & gas blocks for explorationThe offer is part of the African nation's efforts to seek greater energy engagements with India, to which it owes $240 million in oil dues.
- OVL chasing foreign govts to clear its over Rs 4,700 crore of duesFrom Venezuela to Sudan, ONGC Videsh Ltd is chasing foreign governments to get its USD 712 million (over Rs 4,700 crore) of dues cleared.
- ONGC may withdraw staff from South Sudan as conflict worsensOfficials and industry executives said ONGC is considering the move as its Chinese partner CNPC has begun pulling out its workers from the ...
- Government orders OVL to pay South Sudan block feeThe extension fee is about $75 million for the blocks, where OVL is one of the partners in the four blocks, officials said.
- ONGC Videsh plans to restart crude production from South Sudan fieldsONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), plans to restart crude oil production from its fields in ...
- India seeks exemption from transit fee on oil supply in SudanIndia has sought exemption from payment of transit fee on moving crude oil from its fields in South Sudan to ports in North for exports, sa...
- OVL to quit Sudan block, writes off $90 mnONGC Videsh Ltd, flagship explorer ONGC’s overseas investment arm, is quitting a prospective acreage in the African nation and writing off ...
- ONGC picks stakes in two more Sudan blocks from foreign cosIndian oil major ONGC has decided to pick up sizeable stakes in two more blocks in Sudan from foreign oil majors.
- African oil companies plan JVs in IndiaAfrican oil majors Sonatach, Nigeria National Petroleum, Sudapet and Petrosen, are all set for an India safari on an invitation from petrol...
- African oil majors on India visitAfrican oil majors Sonatach, Nigeria National Petroleum (NNPC), Sudapet and Petrosen, are all set for an India safari on an invitation of p...
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