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GSPC ONGC
ONGC bought GSPC gas field stake for half the asking price of Rs 20k cr, replacement cost: Ex ONGC chairmanONGC, D K Sarraf said, has been in the business of acquisition of oil and gas assets for decades, with its overseas investment arm ONGC Vid...- ONGC wins government nod for Rs 7,738 crore GSPC stake buyThe company will also pay part consideration of Rs 1,295 crore to GSPC towards acquisition rights for discoveries other than DDW field in t...
- ONGC signs pact to buy out GSPC's KG block stake for $1.2 billionONGC will pay $995.26 million for three discoveries in the KG-OSN-2001/3 block that are under trial production since August 2014.
- ONGC board approves pact to acquire GSPC stake for $1.2 bnBesides the payout to GSPC, ONGC will have to pay for the entire development cost of the six discoveries which may run into at least a coup...
- US reservoir evaluation firm puts gas reserves in Deen Dayal West field at about 1trillion cubic ftONGC acquired an 80 per cent stake held by Gujarat State Petroleum Corp (GSPC) in the Deen Dayal West field and six other areas in the Kris...
- Jairam Ramesh seeks Sebi probe into ONGC's GSPC stake buyCongress MP Jairman Ramesh today said the PSU had flouted listing guidelines and did not secure approval of minority shareholders for the t...
- ONGC gets price guarantee from GSPC in KG dealPact provides for GSPC buying gas for field’s lifetime at price linked to forward prices.
- Despite GSPC buyout, ONGC financials strong enough, says S&PThe gas production from this Deen Dayal West field has started on a trial basis and will likely reach commercial stable production by 2019.
- Making GSPC deal pay off a big ask, even for ONGCONGC will pay nearly $1 billion for the Gujarat-based company's Deen Dayal West field and another $200 million as `part consideration' for ...
- ONGC to pay over $1.2 billion for GSPC stake buyBesides the payout to GSPC, ONGC will have to pay for the entire development cost of the six discoveries which may run into at least a coup...
- ONGC to pay $1.2 billion for GSPC assets in KG BasinONGC shall also pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West ...
- Talks with ONGC to sell KG gas block 'purely commercial': GSPCONGC, it said, also operates an adjoining block in the KG basin which is due for development where the technological break-through achieved...
- ONGC Board approves pact to take stake in GSPC gas blockONGC approved signing of an MoU for taking a stake in Gujarat Petroleum Corp Ltd's (GSPC) difficult gas block, sources said.
- ONGC in talks to buy stake in GSPC's KG basin blockONGC initially was not keen to buy stake in the block as it felt the block had reserves far less than what GSPC was claiming and the asking...
- Petroleum min trying to palm-off KG block to ONGC to save PM: CongressGSPC is in controversy in the wake of it running up debts to the tune of Rs 20,000 crore during the decade when Modi was the Gujarat Chief ...
- ONGC likely to buy majority stake in GSPC Krishna Godavari gas blockONGC could buy a majority stake in GSPC’s Krishna Godavari basin gas block, preventing the Gujarat government firm’s Rs 19,500-cr loan from...
- ONGC mulling buying majority stake in GSPC's Krishna Godavri basin gas blockGSPC is in a loss and to come out of the situation it plans to sell its 50 per cent stake to ONGC including its under water sea infrastruct...
- BG Group completes sale of 65.12% stake in Gujarat Gas to GSPCA binding agreement for the sale of the interest to a subsidiary of Gujarat State Petroleum Corporation (GSPC) was announced in October 201...
- Oil Ministry blocks PSUs buying Gujarat Gas stakeGSPC going solo in acquisition of BG Group's stake in Gujarat Gas Co Ltd was a result of Oil Ministry blocking its PSUs from joining the Gu...
- GSPC poaching disgruntled oil and gas PSU officialsEven as officials of the central oil & gas PSUs are demanding higher wages, state PSU Gujarat State Petroleum Corporation (GSPC) is cashing...
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