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ONGC Stake News

27 Sep 2017

Govt plans to sell stake in ONGC oilfields to private firms

ONGC produces 87 percent of its 25.53 million tonnes of oil from fields given to it on nomination basis.

05 Oct 2016

Government clears ONG's extra 11% stake buy in Russia's Vankor fields

The cabinet has approved ONGC Videsh`s purchase of an additional 11 percent stake in Russia`s Vankor oil fields from Rosneft for $930 million, raising the Indian firm`s stake in the project to 26 percent, a government statement said.

04 Sep 2015

ONGC buys 15% stake in Russia's Vankor oil field for $1.35 bn

ONGC has bought a 15 percent stake in Russia's second- largest oil field from Rosneft for about USD 1.35 billion.

28 Sep 2014

Russia's Rosneft offers ONGC stake in eastern Siberia oilfield

The field is estimated to hold 991 million barrels of oil equivalent reserves and is planned to start production in 2017.

15 Jul 2014

ONGC to sell stake in Mangalore petchem project to MRPL

ONGC holds 46 percent stake in OMPL which is building a Rs 6,400-crore Aromatic Complex in Mangalore Special Economic Zone.

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