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ONGC Videsh consortium: LNG project in Mozambique put on hold due to force majeure

ONGC Videsh consortium: LNG project in Mozambique put on hold due to force majeure

🕔18:14, 28.Apr 2021

Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, the Area 1 Operator Total E&P Mozambique Area 1 Limitada informed the withdrawal of all Mozambique LNG project personnel from the Afungi site.

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ONGC VIDESH Strikes Commercial Oil in Appraisal Well “Indico-2” in CPO-5 block, Colombia

ONGC VIDESH Strikes Commercial Oil in Appraisal Well “Indico-2” in CPO-5 block, Colombia

🕔19:49, 4.Dec 2020

New Delhi, Dec 04 ONGC Videsh Limited (OVL), the wholly-owned subsidiary and overseas arm of Oil and Natural Gas Corporation Ltd. (ONGC), the National Oil Company of India has made a significant strike of oil in its onshore block CPO-5,

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ONGC Videsh to acquire 13.6667% Participating Interest in Exploitation Area and 15% Participating Interest in Exploration Area under RSSD Production Sharing Contract , Offshore Senegal

ONGC Videsh to acquire 13.6667% Participating Interest in Exploitation Area and 15% Participating Interest in Exploration Area under RSSD Production Sharing Contract , Offshore Senegal

🕔10:10, 11.Nov 2020

New Delhi, Nov 11 ONGC Videsh through its wholly owned subsidiary has signed definitive binding agreements with FAR Senegal RSSD SA (Seller), a wholly owned subsidiary of FAR Limited (FAR) on –10th November 2020 for acquiring 13.6667% participating interest in Exploitation Area (Sangomar

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COVID-19 world: Iran may deny Farzad-B gas field rights to OVL

COVID-19 world: Iran may deny Farzad-B gas field rights to OVL

🕔17:52, 16.Jul 2020

New Delhi, July 16  In a big setback for India’s ambitions to build its energy security by acquiring oil and gas blocks abroad, Iran is set to deny ONGC Videsh Ltd (OVL) exploration and production rights for the prestigious Farzad

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ONGC profit dipped to half, FY1920 turnover at Rs 96,214 cr drop by 12 %, 12 discoveries made in a year

ONGC profit dipped to half, FY1920 turnover at Rs 96,214 cr drop by 12 %, 12 discoveries made in a year

🕔22:50, 30.Jun 2020

New Delhi, June 30 Sharp drop in crude Oil prices in the international market due to covid-19 had led to sharp decline in profits of state owned oil major ONGC ltd with revenue shrinking and recorded heavy losses in the

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OVL to invest additional Rs 900 cr in Shwe project in Myanamar

OVL to invest additional Rs 900 cr in Shwe project in Myanamar

🕔17:52, 24.Jun 2020

New Delhi, June 24  Giving a push to infrastructure development across sectors, the government on Wednesday approved a proposal for additional investment to be made by ONGC Videsh Ltd (OVL) in the development of an oil and gas project in

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ONGC Videsh makes two new discoveries in Colombia and Brazil

ONGC Videsh makes two new discoveries in Colombia and Brazil

🕔09:11, 16.Oct 2019

New Delhi, Oct 16 ONGC Videsh has recorded discoveries of oil in its onshore exploration block CPO-5, Colombia in the Llanos basin and major gas in the deep offshore exploration block BM-SEAL-4, Brazil in the Sergipe Alagoas Basin. Well Sol-1,

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Alok Kumar Gupta takes over as Director (Operations), ONGC Videsh

Alok Kumar Gupta takes over as Director (Operations), ONGC Videsh

🕔13:26, 4.Sep 2019

AK Guptahas taken over as the Director (Operations) in the Board of ONGC Videsh, the international petroleum company of India. He brings over three decades of experience in various capacities in domestic and overseas operations. He was most recently the Asset ManagerDesignateof

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ONGC Videsh, OIL get nod to develop gas field in Mozambique

ONGC Videsh, OIL get nod to develop gas field in Mozambique

🕔20:10, 5.Mar 2018

Mumbai, March 5 ) Energy majors ONGC Videsh — a subsidiary of ONGC, and Oil India (OIL) besides other participating firms on Monday received approval from the government of Mozambique for the development plan of Golfinho-Atum natural gas field in

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India to buy first stake in Abu Dhabi oil fields for $600 mn

India to buy first stake in Abu Dhabi oil fields for $600 mn

🕔20:26, 11.Feb 2018

Abu Dhabi, Feb 11 Prime Minister Narendra Modi’s second visit to the UAE has resulted in an Indian consortium gaining stake for the first time in Abu Dhabi’s massive oil resources. An MoU was signed here on Saturday between an Indian

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ONGC Videsh buys 15% stake in Namibian oil block

ONGC Videsh buys 15% stake in Namibian oil block

🕔10:23, 22.Nov 2017

New Delhi, Nov 22  State-run explorer Oil and Natural Gas Corp (ONGC)’s overseas arm ONGC Videsh Ltd (OVL) on Tuesday said it has acquired 15 per cent stake from UK’s Tullow Oil in an oil block in Namibia. “This is

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6,900 km gas pipelines to connect Bangladesh, Myanmar, India

6,900 km gas pipelines to connect Bangladesh, Myanmar, India

🕔20:12, 14.Aug 2016

Agartala, Aug 14 (IANS) The government has ambitious plan to lay 6,900 km of gas pipelines linking Bangladesh, Myanmar, most north-eastern states, and West Bengal, ONGC Executive director S.C. Soni said here. “As part of Hydrocarbon Vision 2030 for North-eastern region,

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ONGC Videsh raises $1 bn by dollar bonds for Vankor stake purchase

ONGC Videsh raises $1 bn by dollar bonds for Vankor stake purchase

🕔10:35, 22.Jul 2016

New Delhi, July 22  State-run explorer ONGC’s overseas arm ONGC Videsh Ltd (ONGC) has raised $1 billion through a US dollar bonds issue to finance its acquisition of 15 per cent stake in Russia’s Vankor oil field, the company said

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ONGC Videsh signs MOU with SOCAR Trading

ONGC Videsh signs MOU with SOCAR Trading

🕔10:18, 1.Jun 2016

ONGC Videsh Limited and SOCAR Trading SA signed an MoU on 27th of May 2016 at Geneva. The Objective of MoU is to explore possibilities of Joint Marketing of ONGC Videsh’s crude oil portfolio by leveraging SOCAR Trading’s experience in oil

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ONGC Videsh awarded exploration permit in offshore New Zealand

ONGC Videsh awarded exploration permit in offshore New Zealand

🕔13:00, 10.Dec 2014

ONGC Videsh Ltd has won an Exploration Block- 14TAR-R1 in New Zealand in the Bidding Round Block Offer-2014 by the Government of New Zealand. The bidding round was launched in April 2014 offering five offshore and three onshore release areas

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India, Vietnam to ramp up oil search in South China Sea, defence links

India, Vietnam to ramp up oil search in South China Sea, defence links

🕔07:42, 29.Oct 2014

New Delhi, Oct 28 India and Vietnam Tuesday ramped up cooperation in exploring for oil and gas in the contested South China Sea, ignoring Chinese objections, as Prime Minister Narendra Modi said Hanoi is at the forefront of his government’s

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OVL, PetroVietnam ink pact for exploring 2 blocks off Vietnam

OVL, PetroVietnam ink pact for exploring 2 blocks off Vietnam

🕔07:39, 29.Oct 2014

New Delhi, Oct 28 ONGC Videsh (OVL), the overseas arm of state-run Oil and Natural Gas Corp, Tuesday signed an agreement for joint exploration in PetroVietnam’s two blocks in the South China Sea. “OVL signed a Heads of Agreement (HOA)

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ONGC, Mexico’s Pemex to jointly start oil exploration

ONGC, Mexico’s Pemex to jointly start oil exploration

🕔09:33, 28.Sep 2014

New Delhi, Sep 27 Energy exploration major ONGC’s foreign arm ONGC Videsh Saturday entered into a memorandum of understanding and cooperation (MOU) with Mexico’s Pemex national oil company for exploration of hydrocarbons. According to the company, it entered into the

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OVL, PetroVietnam ink pact to explore blocks in Vietnam

OVL, PetroVietnam ink pact to explore blocks in Vietnam

🕔09:54, 17.Sep 2014

New Delhi, Sep 17  The foreign arm of state-run explorer Oil and Natural Gas Corp, ONGC Videsh (OVL) Tuesday said it has signed a Letter of Intent (LoI) with PetroVietnam to explore oil and gas in offshore Vietnam. The LoI

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ONGC Videsh signs Memorandum of Understanding with YPF S.A.

ONGC Videsh signs Memorandum of Understanding with YPF S.A.

🕔15:23, 3.Sep 2014

New Delhi, Sept 03 : ONGC Videsh Limited (ONGC Videsh) and YPF S.A., the major oil producing company of Argentina have entered into a Memorandum of Understanding (MOU) on 1st September 2014 to cooperate in the hydrocarbon sector. Under the

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