Tag: ONGC Videsh Ltd

Iran: Farzan oil field development

ONGC Videsh Ltd, a fully owned subsidiary of Oil and Natural Gas Corp. Ltd, in association with Indian Oil Corp. and Oil India Ltd, is expected to start production of an Iranian oil field by 2012-13.

Russia: Sakhalin investment approved

India’s Cabinet Committee on Economic Affairs (CCEA) has approved ONGC Videsh Ltd’s additional investment of USD 1.07 billion in the Sakhlain-I oil and gas field in Russia.