Indian consortium led by Oil India eyes stake in Russia's Vankor cluster oilfieldsRosneft, Russia's national oil company that owns the fields, wants to retain a majority stake and is keen to sell only up to 49 per cent st...
OVL to raise $900 mn bridge loan to finance Vankor buyOVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), last week got government nod to raise its stake in Russia's second bi...
Cabinet clears IOC-OIL-BPCL's Russian stake buy for $3.14 bnThe consortium will buy another 23.9% in JSC Vankorneft, a subsidiary of Rosneft, which holds two licences for the Vankor oil fields in Eas...
OVL raises $1 billion through dollar bonds for Vankor stake buyThe interest rate is lower than 4.625 per cent OVL had paid on a $2.23 billion 10-year bond issue in July 2014 to finance its Mozambique ga...
Russia’s giant Vankor oilfield reaches peak production level: ONGCRosneft had announced in March last year that Vankor’s output would decline slightly from the plateau level of 22 million tonne a year.
OIL-led consortium inks deal for 24% stake in Vankor oil fieldThe stake acquired by OIL-led consortium is in addition to the 15 per cent interest picked up by ONGC Videsh Ltd in the Vankor oilfield for...
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 raises $1.2 billion foreign loans to buy 15 per cent stake in Russia's VankorneftVankorneft, a subsidiary of Rosneft, was founded in 2004 to carry out the project of the Vankor field development, the largest field to hav...
Russia’s Rosneft field to commence production this yearOil India (OIL), Indian Oil (IOC) and Bharat Petroresources signed a preliminary agreement with Rosneft last month for a potential partners...
OVL gets Russian government's nod for $1.268 billion Vankor deal"We have received approval of the Federal Antimonopoly Service (FAS) for the deal," OVL Managing Director Narendra K Verma told PTI here.
OVL steps up Vankor oil field play, to buy 35 percent stake moreONGC Videsh along with Indian Oil Corporation (IOC), Oil India and Bharat Petroleum is in talks to buy about 35 percent additional stake in...
ONGC Videsh Limited, Rosneft sign Vankor oil field dealAs per the deal between ONGC Videsh Ltd (OVL) and Russian oil behemoth Rosneft, the former will pick up 15 per cent stakes in Vankorneft oi...
OVL's $1.26 bn Vankor stake buy pact to be signed tomorrowAn agreement formalising ONGC Videsh's $1.268 billion acquisition of 15 per cent stake in Russia's second biggest oil field of Vankor will ...
Cabinet approves OVL's $1.26 billion stake buy in Russia's fieldThe Cabinet approved OVL buying 15% take in Russia's Vankor oilfield for $1.26 bn, the first oil deal since the Modi-led government came to...
IOC eyes 5-10% stake in Russia's Vankor oilfieldHot on the heels of OVL's $1.27 billion deal to buy stake in Vankor oilfield of Russia, IOC has expressed interest in taking 5-10%stake in ...
ONGC Videsh Ltd in talks to acquire stake in two Siberian oilfields: Dharmendra PradhanONGC Videsh Ltd, the overseas arm of state-owned ONGC, is in talks to acquire stake in two Siberian oilfields, Oil Minister Dharmendra Prad...
ONGC to acquire stake in two Siberian oilfieldsThe MoU is part of Putin's energy engagement as he seeks to expand trade links with Asian nations to counter sanctions from the US and its ...