ONGC Videsh Limited, a wholly owned subsidiary of Oil and Natural Gas Corporation Ltd. completed on 31st May, 2016, the acquisition of 15% equity from Rosneft Oil Company, in JSC Vankorneft, a company organized under the law of Russian Federation which is the owner of Vankor Field and North Vankor license. Rosneft, the national oil […]
Category Archives: Archive Press Releases
ONGC Videsh signs MOU with SOCAR Trading
ONGC Videsh Limited and SOCAR Trading SA signed an MoU on 27th of May 2016 at Geneva. The Objective of MoU is to explore possibilities of Joint Marketing of ONGC Videsh’s crude oil portfolio by leveraging SOCAR Trading’s experience in oil trading. The MoU was signed by S P Garg, Director (Finance) ONGC Videsh Limited […]
Rosneft and ONGC Videsh sign Memorandum of understanding (MoU)
Rosneft and ONGC Videsh signed a Memorandum of Understanding for the potential acquisition of 11% shares in the Vankorneft by ONGC Videsh in addition to the 15% shares for which the definitive agreement was signed earlier in September 2015. Thus, ONGC Videsh would be acquiring a total of 26% shares in Vankorneft. The MoU was […]
ONGC Videsh signs “Memorandum of Understanding” with The Republic of Equatorial Guinea
ONGC Videsh Limited (ONGC Videsh) and The Republic of Equatorial Guinea have entered into a ‘Memorandum of Understanding’ (MOU) on 20th January 2016 to cooperate in the upstream hydrocarbon sector in Equatorial Guinea. The MOU was signed by Mr Narendra K Verma, Managing Director & CEO, ONGC Videsh Limited on behalf of ONGC Videsh and […]
ONGC Videsh to acquire 15% interest in Vankor Field located in East Siberia of the Russian Federation
New Delhi, 4 September, 2015: ONGC Videsh Limited signed definitive agreements to acquire up to 15% shares in CSJC Vankorneft, a company organized under the law of Russian Federation which is the owner of Vankor Field and NorthVankor license. Rosneft Oil Company, NOC of Russia holds 100% shares in Vankorneft. The acquisition is subject […]
Mr. Sudhir Sharma takes over as Director (Exploration), ONGC Videsh
Sudhir Sharma has taken over as the Director (Exploration) in the Board of ONGC Videsh, the international petroleum company of India. He brings over three decades of experience in various domestic and overseas capacities to this role. He was most recently the Country Manager and Legal Representative for Company’s Colombia operations for over a year. […]
ONGC Videsh Declares FY’15 Financial Results
ONGC Videsh Declares FY’15 Financial Results New Delhi 25th May, 2015 Oil and Natural Gas Corporation Ltd. Financial results of ONGC Videsh Ltd., the wholly-owned subsidiary of Oil and Natural Gas Corporation Ltd. (ONGC), for the year ended 31st March 2015 were considered and approved by the Board in its meeting held on 25th May […]
MoPNG : Monthly Newsletter – March 2015
MoPNG : Monthly Newsletter – March 2015
Petroleum Miniter’s Speech
Petroleum Miniter’s Speech
URJA SANGAM-2015
Celebrating the remarkable journey – URJA SANGAM-2015 Shaping India’s Energy security 27th March, 2015, Vigyan Bhawan, New Delhi