Mr. N K Verma, Managing Director ONGC Videsh and Mr. Musabeh Al Kabi, CEO Mubadala Petroleum, Abu Dhabi signed a MOU on 6 th February, 2017 for future collaboration between two companies in upstream oil and gas exploration, development and production projects in third countries. The current MOU is an extension of earlier MOU signed […]
Author Archives: ongcvidesh
Mansarovar Energy awarded greenhouse gas emissions certificate
On February 2, 2017, the Colombian Institute of Technical Standards (ICONTEC) certified Mansarovar Energy for its inventory of greenhouse gases. The official event to certify and recognize Mansarovar effort towards Carbon Footprint Management was presided by Dr. Harvinderjit Singh – CEO of Mansarovar Energy, accompanied by Mr. Carlos Benavides – Vice President of Corporate Affairs […]
ONGC Videsh leads the way in aligning QHSE Management System
Mr. Narendra K. Verma, MD along with the HSE team received the Integrated Management System (ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 certificate on 7th February, 2017 from Mr. Anand Pal Singh, Regional Manager (North), International Certification Services on behalf of ONGC Videsh. In the audit report, M/s ICS appreciated Top Management Commitment, Well established […]
ONGC Videsh Bond Issuance Awarded the Best Corporate Bond Deal from India 2016
ONGC Videsh Vankorneft’s US$1 billion dual-tranche bond deal has been awarded the “Best Corporate Bond” deal from India at The Asset Triple A Country Awards 2016. This was the first dual-tranche issuance out of India in 2016 and executed swiftly to access a favourable market issuance window. The award on behalf of OVVL was received […]
विश्व हिन्दी दिवस -2017
Message of Shri Narendra K. Verma, MD and CEO
New Year Greetings from MD & CEO
ONGC Videsh Declares H1 FY’17 Standalone Financial Results
ONGC Videsh Declares H1 FY’17 Standalone Financial Results New Delhi: 15th December 2016 Financial results of ONGC Videsh Ltd, the wholly-owned subsidiary of ONGC, for the half year ended 30 September 2016 were considered and approved by the Board in its meeting held on 13 December 2016. The performance highlights are as under: Consolidated Crude […]
ONGC Videsh and PDVSA sign agreement for payment of Dividend and Financing of San Cristobal Project
ONGC Videsh Limited (ONGC Videsh) and Petroleos De Venezuela S.A. (PDVSA) through their relevant subsidiaries signed two definitive agreements for facilitating redevelopment of the San Cristobal joint venture project in Venezuela on 4th November 2016. The agreements were signed by ONGC Videsh CEO Mr Narendra K Verma and the Hon’ble Minister of Petroleum of Venezuela […]
ONGC Videsh completes acquisition of 11% additional interest in Vankor Field located in East Siberia of the Russian Federation
Press release ONGC Videsh completes acquisition of 11% additional interest in Vankor Field located in East Siberia of the Russian Federation ONGC Videsh Limited (ONGC Videsh), a wholly owned subsidiary of Oil and Natural Gas Corporation Ltd. completed on 28th October, 2016, the acquisition of additional 11% equity from Rosneft Oil Company, in JSC Vankorneft […]
Narendra K Verma, Managing Director, ONGC Videsh Visits Vankor Field, Russia
ONGC Videsh Limited, on 31st May, 2016, completed the acquisition of 15% equity from Rosneft Oil Company, in CSJC Vankorneft, owner of Vankor Field and North Vankor license. ONGC Videsh is also in the process of acquiring additional 11% stake in Vankorneft. Vankor is Rosneft’s (and Russia’s) second largest field by production and accounts for […]