ONGC Videsh Ltd

ONGC, ONGC videsh

ONGC faces a KG moment in Iran

ONGC is facing a repeat of KG fiasco in Iran as lengthy negotiations on terms may drive it to a point where its discovered gas reserves in Farzad-B field in the Persian Gulf may be drawn out by neighbouring Saudi Arabia.

ONGC faces a KG moment in Iran

India links $20 bn oil, gas investment in Iran to favourable terms

Stepping up its energy ties with Iran, India has lined up $ 20 billion as investment in oil and gas as well as petrochemical and fertiliser projects in the Persian Gulf country subject to provision of concessional rights.

India links $20 bn oil, gas investment in Iran to favourable terms

Moody’s places ONGC, OVL rating on review for downgrade

Besides Oil and Natural Gas Corp (ONGC) and ONGC Videsh Ltd (OVL), Moody's placed the ratings of Oil India Ltd amongst 120 global exploration and production firms on review for downgrade.

Moody’s places ONGC, OVL rating on review for downgrade

ONGC Videsh signs MoU with Equatorial Guinea

ONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has entered into an agreement with Republic of Equatorial Guinea for cooperation in upstream hydrocarbon sector in the African nation.

ONGC Videsh signs MoU with Equatorial Guinea

Sudan offers OVL 3 more oil & gas blocks for exploration

Sudan has offered ONGC Videsh Ltd three more oil and gas blocks for exploration and production and invited Indian firms to set up a coastal refinery to boost fuel supplies to the African continent.

Sudan offers OVL 3 more oil & gas blocks for exploration

ONGC Videsh ltd refinances $1.78 bn loan at lower coupon rates

In a first by a public sector firm, ONGC Videsh Ltd has refinanced a $1.775 billion loan at lower rates to save nearly $37 million in interest payout, besides extending the repayment tenure.

ONGC Videsh ltd refinances $1.78 bn loan at lower coupon rates

Oil explorers push deep into Russia for energy ties

OVL and Rosneft yesterday signed an Agreement of Confirmation of successful completion of the first stage of the Indian firm's acquisition of 15 per cent stake in Vankor.

Oil explorers push deep into Russia for energy ties

Vankorneft stake buy: OVL may tap foreign currency debt market

ONGC Videsh (OVL), the overseas investment arm of Oil and Natural Gas Corporation (ONGC), is likely to tap the foreign currency credit market to fund the 15% stake it proposes to buy in Russia’s CSJC Vankorneft, a senior co

Vankorneft stake buy: OVL may tap foreign currency debt market

Output to rise by more than 30% this year: OVL MD

ONGC Videsh, the overseas arm of India's flagship explorer ONGC, expects its oil and gas production to rise by a steep 30% in the current financial year, reports Siddhartha P Saikia in New Delhi.

Output to rise by more than 30% this year: OVL MD

Rosneft and OVL likely to join hands for more oil & gas projects

Russia’s oil and gas major Rosneft is likely to join hands with India’s flagship explorer ONGC Videsh (OVL) for more upstream projects.

Mozambique govt allows cost recovery for OVL’s export-oriented gas asset

African country allows cost recovery for firm’s export-oriented gas asset

Mozambique govt allows cost recovery for OVL’s export-oriented gas asset

OVL eyes additional equity in Rosneft assets

Its $2.4-billion investments in the UK-listed Imperial Energy’s assets in Russia’s Tomsk region since 2009 may have came a cropper with no resolution of the issue is in sight...

OVL eyes additional equity in Rosneft assets

ONGC Videsh likely to bid for blocks in Uganda

OVL would have to compete with at least 15 global explorers from Canada, Norway, Australia, UAE and Nigeria, among others.

ONGC Videsh likely to bid for blocks in Uganda

ONGC Videsh chasing foreign govt to clear its $712 mn of dues

From Venezuela to Sudan, ONGC Videsh Ltd, India's flagship overseas oil investment firm, is chasing foreign governments to get its USD 712 million (over Rs 4,700 crore) of dues cleared.

ONGC Videsh chasing foreign govt to clear its $712 mn of dues

OVL takes 15% stake in Siberian field for $1.25 bn

ONGC Videsh, the overseas arm of state-run ONGC, on Friday announced a plan to pick up a 15% stake in Vankorneft that runs the Vankor oilfield in East Siberia from Russia’s Rosneft for a reported $1.25 billion.

Russia energy ties: India hits the gas

At least three Indian companies, including state-owned Indian Oil Corporation and ONGC Videsh, are in discussions for significant hydrocarbon deals to Russia.

Russia energy ties: India hits the gas

OVL ups capex a third, eyes 9 mtoe output in FY16

This year’s capex programme of state-run ONGC Videsh would be higher than last year’s by a third.

OVL ups capex a third, eyes 9 mtoe output in FY16

India seeks field for OVL but Tehran talks tough

Getting access to the Farzad B assets is vital for OVL to achieve the milestone of producing 20 million tonnes of oil and equivalent (mtoe) by 2018.

India seeks field for OVL but Tehran talks tough

ONGC, others to invest USD 6 bn in Mozambique

State-run ONGC, OIL and BPCL will in the next four years invest USD 6 billion in developing a giant gas field off the Mozambique coast and...

ONGC, others to invest USD 6 bn in Mozambique

Dharmendra Pradhan visits Mozambique to push investment closure

To ensure contracts by Indian explorers that have invested billions of dollars in stakes in Mozambique’s assets are concluded, petroleum minister Dharmendra Pradhan...

ONGC Videsh output may rise 5% this fiscal

ONGC Videsh (OVL), which has so far invested $23.6 billion in hydrocarbon assets...

OVL eyes buys in Latin America & Africa

ONGC Videsh (OVL), which is set to celebrate its golden jubilee next week, is looking for acquisitions in Latin America and Africa...

Sanction-free Cuba reaches out for energy ties

OVL abandoned blocks in the nation in 2014

POEM places corporates in a spot as tax muddle looks set to get worse

A Budget proposal requiring companies to pay taxes on overseas subsidiaries if the management of that subsidiary is effectively in India for...

POEM places corporates in a spot as tax muddle looks set to get worse

Current low oil price a temporary phenomenon: NK Verma, ONGC Videsh

Brent crude slumped to under $45 a barrel last week, gaining marginally to about $50 on Friday.

US firm walks out of ONGC Videsh’s Russia project after US sanctions

ONGC Videsh Ltd's loss-making Imperial Energy venture in Russia has suffered a setback with its technology partner walking out of the project because of US sanctions.

US firm walks out of ONGC Videsh’s Russia project after US sanctions

ONGC Videsh eyes stake in Israel’s Leviathan gas project

ONGC Videsh (OVL) is eyeing a stake in the prolific Leviathan gas project off Israel's Mediterranean...

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