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ONGC Videsh Ltd

04 Oct 2017

ONGC Videsh completes stake buy in Namibian oil block

Without disclosing the value of the deal, OVL in a statement said it has completed acquisition of 30 percent interest in the Namibian Petroleum Exploration License (PEL) 37, covering three blocks of 2112A, 2012B and 2113B.

16 Dec 2014

BHP, BP, Santos to give up 14 oil and gas block in India

BHP is giving up nine offshore and deep sea blocks in Mahanadi basin for want of full defence clearance to explore oil and gas in the Bay of Bengal.

ONGC Videsh Ltd

09 Dec 2014

ONGC Videsh wins oil block in New Zealand

ONGC Videsh Ltd, the overseas investment arm of India's biggest energy explorer, has won an offshore oil and gas block in New Zealand, the first domestic firm in this sector to have made it in that country.

19 Nov 2014

Law Min says govt can renegotiate fiscal terms of Cairn block

The government may alter terms of Cairn India's Rajasthan oil block after Law Ministry opined that fiscal terms can be renegotiated while granting extension beyond contractual period.

04 Jul 2014

OIL completes acquisition of 50% stake in oil block in Russia

OIL bought the stake from Ireland-registered, Russia- focused firm PetroNeft Resources plc in License 61 in Tomsk Oblast in Russia.

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