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OVL to acquire stake in Sudanese oil blocks

ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp (ONGC), is in talks to acquire stakes in two oil blocks in Sudan, a nation which is the Indian flagship is largest overseas......

OVL to give 5% stake in 2 oil blocks to Sudan

ONGC Videsh Ltd, the overseas arm of Oil and Natural Gas Corporation, will give Sudan 5 per cent of its stake in two prized oil blocks in the African nation for free, as a quid pro quo for Khartom......

Sudan oil blocks: Petronas clears way for OVL

Malaysian oil firm Petronas has cleared the way for ONGC Videsh Ltd's acquisition of stake in two onshore oil blocks in Sudan by waiving off its first right to buyout Austrian firm OMV's......

ONGC to invest Rs 6000 cr in foreign buys

Oil and Natural Gas Corp on Tuesday said it will invest over Rs 6000 crore (Rs 60 billion) annually in acquiring oil properties abroad and is currently in dialogue for buying out stakes in oil......

OVL gets nod for stake in Sudan oil blocks

The Cabinet Committee on Economic Affairs on Saturday cleared ONGC Videsh Ltd's proposal to acquire stake in two oil blocks in Sudan."The CCEA has cleared OVL's acquisition of 26.125 per cent stake......

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