Both Shell and BP are in the running to buy a stake in a gas field off the coast of India. Indian state-owned company Oil and Natural Gas Corporation (ONGC) is currently set to buy back the 15% stake in the field from its current owner, Petrobras.WO Wire...
OVL MIGHT SOON BUY STAKE IN 2 SIBERIAN OILFIELDS ONGC Videsh Ltd, the overseas investment arm of ONGC, produced about nine million tonnes of oil and oil equivalent gas (180,000 bpd) in the fiscal year to March 31, 2014, Sarraf said. ONGC aims to double overseas production More results ...