ONGC Videsh's (OVL) plan to acquire in Kazakhstan's Satpayev offshore exploration block has got a boost with the Kazakhstan government assuring India that it has solved the issue of protesting workers and it would have no impact on the plan. OVL entered into a tripartite agreement with the ministry of oil and gas of Kazakhstan and KazMunaiGaz (KMG), the national oil company of Kazakhstan for buying 25 percent stake in the block.
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