ONGC Videsh Ltd sees 14% jump in output this fiscalOVL bought the stake in two tranches. First, it acquired 15 per cent in May 2016 for USD 1.268 billion, and then another 11 per cent in Oct...
OVL completes acquisition of 11% additional stake in VankorAfter the stake sales, Rosneft holds 50.1 per cent stake in JSC Vankorneft, the company that operates the Vankor oilfield.
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 ...
Kazakhstan offers OVL stake in Kashagan oil fieldState-owned KazMunaiGaz National Co held 75 per cent interest in the block with an estimated 387 million tons of resources (2.8 billion bar...
OVL and Oil India to split Videocon stake equallyOVL and Oil India will split equally the 10 per cent stake they acquired in a giant Mozambique gas field from Videocon Group for $2.475 bil...
ONGC Videsh Ltd acquires two oil blocks in BangladeshONGC Videsh Ltd and Oil India Ltd (OIL) have won two shallow water oil and gas blocks in Bangladesh, Oil Minister M Veerappa Moily said.
OVL increases stake in Brazilian oilfield for $529 millionONGC said its overseas arm has agreed to buy an additional 12 per cent stake in a Brazilian oil block from Brazil's Petrobras for $529 mill...
ONGC Videsh Ltd blocks Chinese Sinochem bid, to buy stake in Brazilian oilfieldONGC Videsh Ltd has blocked China's Sinochem Group from buying 35 per cent interest in a Brazilian oilfield for $ 1.54 billion.
OVL to buy Anadarko's 10% stake in Mozambique field for $2.6 billionONGC Videsh likely to buy Anadarko Corp's 10% stake in Mozambique gas field for $2.6 billion this week.
OVL may block Chinese bid to buy stake in Brazil oilfieldONGC Videsh is mulling exercising its pre-emption rights to block China's Sinochem Group from buying 35% interest in Brazilian oilfields fo...
- ONGC Videsh Ltd can raise stake in Satpayev oil block to 35 %
OVL on Saturday signed an agreement with Kazakhstan's national oil firm KazMunaiGas (KMG) to buy a 25 per cent stake in the Caspian Sea blo...
- ONGC bids for stake in US energy major Exxon Mobil
ONGC Videsh Ltd, the overseas arm of state-owned ONGC, has bid for US energy major Exxon Mobil's 25 per cent stake in a deep-sea oil block ...
- OVL suffers setback in Kazakhstan
Oil and Natural Gas Corporation has suffered a setback in its efforts to get 25 per cent stake in the prospective Satpayev oil field in the...
- ONGC says no to OVL listing; funding in place for Imperial buy
ONGC on Thursday said it has no plans to list its overseas subsidiary OVL and has 'ready cash' to meet fund acquisition of UK-listed Imperi...
- OVL, Rosneft to bid for 49% stake in Sakhalin-III
ONGC Videsh (OVL), the overseas arm of the state-owned ONGC, is set to bid for up to a 49% stake in Russia’s Sakhalin-III oil and gas devel...
- OVL signs pact with Columbian co to pick up 50% in US firm
ONGC Videsh (OVL), the overseas investment arm of ONGC, which has signed up with a national oil company of Columbia, is soon set to take up...
- ONGC mulls over $500 mn stake in Gabon bid
ONGC, country's largest oil producer, is considering bidding more than $500 million for a stake in a block in Gabon and is eyeing oil and g...