State-owned Oil and Natural Gas Corp's overseas arm and Oil India Ltd are considering a joint bid for a 20 percent stake in a Mozambique gas field, two sources familiar with the matter told Reuters.
US oil and gas explorer Anadarko Petroleum Corp and Indian billionaire Venugopal Dhoot have launched the auction of a 20 percent stake in Mozambique's Rovuma gas field that could fetch $4.5 billion, sources familiar with the matter told Reuters.
ONGC Videsh head D. K. Sarraf
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