Rajarshi Gupta takes over as Managing Director of ONGC Videsh

Rajarshi Gupta has taken over as Managing Director of ONGC Videsh Limited (OVL) Schedule ‘A’ CPSE and subsidiary of ONGC, on 19th July 2022. Mr Gupta was recommended for the position by Public Enterprise Selection Board (PESB). Rajarshi Gupta has more than 33 years of wide-ranging experience in supervisory, managerial & strategic planning capacities in domestic […]

ONGC Videsh enters the Development stage with the Declaration of Commerciality (DoC) in its Brazil Offshore project BM-SEAL-4

ONGC Videsh Limited (OVL) had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the Sergipe Alagoas Basin. Petrobras is the Operator of the block with 75% Participating Interest (PI) and in which partner ONGC Videsh holds 25% PI. ONGC Videsh Limited, after detailed evaluation, now enters into […]

Sanjeev Tokhi takes over as Director (Exploration) of ONGC Videsh

Mr. Sanjeev Tokhi has taken over as the Director (Exploration) on 4 th October 2021 to join the Board of ONGC’s wholly-owned subsidiary, ONGC Videsh Limited (OVL). In his 33 years of illustrious career, Mr. Tokhi commands a diversified exposure in all facets of exploration from Acquisition, Processing and Interpretation (API) to Petroleum Basin Modelling […]

ONGC Videsh to acquire 13.6667% Participating Interest in Exploitation Area and 15% Participating Interest in Exploration Area under RSSD Production Sharing Contract , Offshore Senegal

New Delhi : ONGC Videsh through its wholly owned subsidiary has signed definitive binding agreements with FAR Senegal RSSD SA (Seller), a wholly owned subsidiary of FAR Limited (FAR) on –10 th November 2020 for acquiring 13.6667% participating interest in Exploitation Area (Sangomar Field) and 15% participating interest in Remaining Contract Area (Exploration Area) of […]