ONGC Videsh Ltd (OVL), the foreign arm of ONGC, is likely to soon acquire stakes in two Russian oilfields, Vankor and Yurubcheno-Tokhomskoye. Rosneft had, in October, made a formal offer to OVL to sell 10 per cent of its stake in the Vankor cluster in northern Siberia, the largest discovered field in Russia with reserves of 500 million tonnes (mt) of oil and 182 billion cubic metres of gas.
FlashNews:
Ascenso Invests $100 Million to Build Giant Radial Mining Tyres in India
JCB India Launches 10 New Machines at Bauma Conexpo 2026
Eastman Launches VEKTOR Brand, Targets Monolithic Construction Growth
TORSA Machines Targets âđ5 Billion Revenue with FiveâArea, FiveâYear Strategy
SDLG India Unveils New Diesel and Electric Range for Infrastructure and Mining
CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes
SolarâPlusâStorage: Reliability for Indiaâs C&I Sector
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses HalfâMillion Rooftop Milestone, Targets 3 Million by 2029
REC Issues Indiaâs First Tokenised Corporate Bonds Under SEBI Sandbox
IndiGo to Begin Guwahati-Bangkok Flights, Expanding Northeast Indiaâs Global Reach
Suhora Technologies Launches Open Satellite Platform to Support Nepal Flood Response
WABAG Wins RIL Repeat Order for Advanced ETP at Jamnagar
Homegrown Airtel Cloud Seeks to Support Indiaâs Sovereign Manufacturing AI
Air Indiaâs VTâAWD Dreamliner Arrives After Completing 500 Checks
RVNL Secures âđ90.3âŊBillion Order for Rail Connectivity to Buxar Thermal Power Project
Air India and IHG Hotels & Resorts Forge Loyalty Partnership
RVNL Emerges Lowest Bidder for âđ40.49âŊBillion EPC Package in Odisha
ISROâs GSLV-F17 Launches EOS-05, Indiaâs First Geosynchronous Imaging Satellite
Home » ONGC Videsh might soon buy stake in 2 Siberian oilfields
ONGC Videsh might soon buy stake in 2 Siberian oilfields
Oil & Gas
January 1, 2015January 1, 2015
Leave a Reply
You must be logged in to post a comment.