ONGC Videsh to invest $400 mn in Kazakhstan
ONGC Videsh Limited (OVL), the external arm of state-run explorer Oil and Natural Gas Corporation, will invest up to $400 million for exploration activities in Kazakhstan, an official said on Wednesday.
Jun 17, 2015, 19:43 PM IST
ONGC Videsh seeks financial autonomy to invest $1 billion
ONGC Videsh Ltd has sought greater financial autonomy to decide on investments of up to USD 1 billion (about Rs 6,400 crore) without government nod to speed up acquisition of overseas oil and gas fields.
Jun 17, 2015, 16:51 PM IST
ONGC Videsh pulls out of Brazil's Poco-Verde oil block
ONGC Videsh Ltd has pulled out of Brazil's Poco-Verde oil block where a new light oil discovery was made earlier this week.
Jun 04, 2015, 21:55 PM IST
OVL qualified along with Chevron, Exxon for Mexico bid round
ONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.
May 31, 2015, 12:42 PM IST
India eyes listing of ONGC's overseas investment arm: Source
The government wants to list ONGC Videsh, the overseas arm of top oil explorer Oil and Natural Gas Corp , a company executive said.
May 28, 2015, 17:57 PM IST
ONGC Videsh posts 57% drop in net profit at Rs 1,904 cr in FY15
ONGC Videsh Ltd, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), Monday reported a 57.16 percent fall in its net profit at Rs 1,904 crore in FY 2014-15, mainly due to lower oil prices.
May 25, 2015, 21:39 PM IST
Iran acting tough on ONGC over development of gas field
Indian firms have so far shied away from investing in Iran for the fear of being sanctioned by the US and Europe.
May 11, 2015, 18:04 PM IST
PM Modi to inaugurate Urja Sangam on March 27
Started as Hydrocarbons India Pvt Ltd on March 5, 1965 to carry out exploration and development of the Rostam and Raksh oil fields in Iran and undertaking a service contract in Iraq, OVL today has 36 projects in 17 countries.
Mar 22, 2015, 11:32 AM IST
OVL in talks to acquire stake in 2 Siberian oilfields
While the Minister did not name the fields, sources said OVL was in talks for a stake in Vankor and Yurubcheno-Tokhomskoye fields.
Mar 11, 2015, 15:53 PM IST
US firm walks out of OVL's Russia project after US sanctions
OVL, the overseas arm of state explorer Oil and Natural Gas Corp (ONGC), in September 2013, roped in Denver-based Liberty Resources to tap Bazhenov shale formations in Siberia.
Jan 06, 2015, 18:56 PM IST
OVL wants to dip into RIL payments to clear Venezuelean dues
OVL, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC), holds 40 per cent stake in the San Cristobal oil project in Venezuela.
Dec 17, 2014, 15:17 PM IST
ONGC Videsh wins oil block in New Zealand
ONGC Videsh Ltd, the overseas investment arm of India's biggest energy explorer, has won an offshore oil and gas block in New Zealand, the first domestic firm in this sector to have made it in that country.
Dec 09, 2014, 19:14 PM IST
Chevron and ONGC Videsh join New Zealand oil, gas search
New Zealand awarded 15 oil and gas exploration licences on Tuesday, with U.S. giant Chevron and India`s ONGC Videsh joining the hunt in the South Pacific country for the first time.
Dec 09, 2014, 12:19 PM IST
ONGC to acquire stake in two Siberian oilfields
OVL is interested in expanding its presence in Russia as it looks to source one million barrels per day of oil and oil-equivalent gas from Russia.
Dec 04, 2014, 14:39 PM IST
OVL profit rises 9.6% to Rs 2,068 cr in Apr-Sept
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corp (ONGC), Wednesday reported a 9.6 percent rise net profit on the back of surge in oil and gas output.
Nov 12, 2014, 21:10 PM IST
OVL to acquire stake in two Vietnamese blocks
PetroVietnam, the national oil company of Vietnam, will take half of OVL's 100 per cent stake in Block 128 in South China Sea which the Indian firm had earlier planned to exit.
Oct 28, 2014, 19:52 PM IST
Russia'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
Narendra Kumar Verma takes over as Managing Director of OVL
Narendra Kumar Verma has taken over as the Managing Director of ONGC Videsh Ltd, the overseas investment arm of state-run explorer Oil and Natural Gas Corp (ONGC).
Aug 27, 2014, 19:40 PM IST
Varma appointed director (onshore), ONGC
The post of Director (Onshore) had been lying vacant since October 2012 when A K Hazarika super-annuated.
Jun 23, 2014, 19:39 PM IST
