Government clears ONG's extra 11% stake buy in Russia's Vankor fields
The cabinet has approved ONGC Videsh`s purchase of an additional 11 percent stake in Russia`s Vankor oil fields from Rosneft for $930 million, raising the Indian firm`s stake in the project to 26 percent, a government statement said.
Oct 05, 2016, 12:53 PM ISTRussia's Rosneft offers OVL stake in Vankor oilfield
Rosneft has made a formal offer to sell 10 percent stake in the strategic oilfield in Siberia to ONGC Videsh Ltd, the overseas arm of the state-owned explorer.
Oct 05, 2014, 13:06 PM IST