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...
06 Apr, 2023, 11.38 PM IST
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...
06 Dec, 2021, 04.11 PM IST
Sudan admits it owes $100 mn to ONGC VideshONGC Videsh, the overseas arm of the state-run explorer, has been engaged in an arbitration with Sudan for over three years to recover its ...
11 Oct, 2021, 11.52 PM IST
Indian companies' oil & gas output from overseas fields drops 11%The output declined to 12.8 million metric tonnes of oil equivalent (mmtoe) during April-October this year from 14.4 mmtoe in the same peri...
17 Dec, 2020, 08.14 PM IST
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.
02 Aug, 2019, 09.32 PM IST
Sudan won't extend ONGC's licence to operate oil blockThe process of surrendering the block is underway after the Sudan government gave a notice to that effect, a senior ONGC executive said.
24 Apr, 2017, 02.03 AM IST
ONGC demands 15-year licence for Sudan blockThe contractors and the government of Sudan are renegotiating the terms of the contract, Sudan has sought a higher share in profit and incr...
08 Dec, 2016, 12.49 AM IST
ONGC seeks 15-year extension of licence to operate oil block in SudanSudan owes about $300 million to ONGC, of which $100 million is the unpaid amount for the oil pipeline the Indian firm built in the country.
07 Dec, 2016, 08.13 PM IST
ONGC Videsh signs MoU with Equatorial Guinea for cooperation in hydrocarbon sectorThe MoU is part of efforts of Indian flagship overseas oil and gas firm to expand its presence in hydrocarbon rich African continent.
22 Jan, 2016, 01.03 PM IST
Sudan offers two oil blocks to ONGC: Oil MinisterONGC’s foreign arm ONGC Videsh said it would evaluate the offer. “The offer is for block-15 and block-8. The later one also has some gas pr...
15 Jan, 2014, 03.19 AM IST
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 ...
23 Dec, 2013, 05.17 AM IST
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 ...
12 Nov, 2012, 05.50 PM IST
- OVL's financial powers may get 10-fold boost
Ministry sources said the plan on the drawing board envisages giving ONGC Videsh powers to decide investments of up to Rs 3,000 crore.
09 May, 2011, 12.28 PM IST
- ONGC Videsh buys into Kazakh oilfield
NEW DELHI: ONGC Videsh, the foreign arm of India’s largest energy explorer ONGC, has signed ‘definitive’ agreements with Kazakhstan’s state...
17 Apr, 2011, 03.21 AM IST
- OVL to quit Sudan block, writes off $90 mn
ONGC Videsh Ltd, flagship explorer ONGC’s overseas investment arm, is quitting a prospective acreage in the African nation and writing off ...
28 Apr, 2009, 03.19 AM IST
- ONGC picks stakes in two more Sudan blocks from foreign cos
Indian oil major ONGC has decided to pick up sizeable stakes in two more blocks in Sudan from foreign oil majors.
07 Nov, 2007, 03.25 AM IST
- Sudan to host Indian trade show
At least 75 companies from power, oil and gas, textiles and agriculture sectors are taking part in a mega Indian trade show at Khartoum thi...
14 Aug, 2006, 02.22 AM IST