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Search Keyword: Venezuelan oilfield

Finance Update
  Dec 01, 2016

OVL to provide $318 mn financing guarantee to Venezuela

ONGC Videsh Ltd will provide $318 million financing to help raise output at a Venezuelan oilfield after the nation signed a pact to supply 17,000 barrels per day of crude oil to India to clear past dues.

Power Update
  Oct 01, 2016

OVL wants oil in lieu of $537 million cash due from Venezuela

ONGC Videsh Ltd (OVL), the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), wants $537 million worth of crude oil in lieu of cash due for its share of sales from Venezuelan oilfield. OVL owns 40 per cent of the San Cristobal field and invested $190 million in 2008.

Web Exclusive
  Sep 20, 2016

OVL seeks oil in lieu of $537 million due from Venezuela

ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is seeking $537 million worth of crude oil in lieu of cash due for its share of sales from a Venezuelan oilfield. OVL owns 40 per cent of the San Cristobal field and had invested about $190 million in the project in 2008.

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Three Lines Shipping says:
Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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kishore tamidela says:
Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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Infrastructure Today

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