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A service for energy industry professionals · Thursday, December 5, 2024 · 766,292,424 Articles · 3+ Million Readers
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  • Published on Dec 2, 2024

    ONGC Videsh acquires stake in Azeri oilfield from Equinor 

    India’s Oil and Natural Gas Corporation (ONGC) announced that its international arm ONGC Videsh has acquired a 0.615% participating interest in the Azeri Chirag Gunashli (ACG) oilfield from Equinor.   This acquisition, valued at $60m (Rs5.08bn) and first …

    Source: Offshore Technology - Neutral
  • Published on Dec 2, 2024

    ONGC Videsh Acquires Minority Stakes in Azerbaijan’s ACG and BTC Projects

    ONGC Videsh Limited, the overseas investment arm of Oil and Natural Gas Corporation (ONGC), has strengthened its portfolio with strategic acquisitions in Azerbaijan’s energy sector. The company announced a 0.615% participating interest (PI) in the prolific …

    Source: Chemical Industry Digest - Label Pending
  • Published on Nov 30, 2024

    ONGC Videsh acquires 0.615% Stake in ACG and 0.737% stake in BTC, Azerbaijan

    Mumbai: ONGC Videsh Limited, Schedule “A” Navaratna Central Public Sector Enterprise, a wholly owned subsidiary of ONGC, the premier Energy Company of India, has completed the acquisition of 0.615% Participating Interest (PI) in Offshore Azeri Chirag …

    Source: PSU Connect Media - Neutral
  • Published on Nov 30, 2024

    ONGC Videsh acquires $60 million stake in Azerbaijan’s ACG field and BTC pipeline

    New Delhi: ONGC Videsh Limited, a wholly owned subsidiary of ONGC and India’s largest international oil and gas exploration company, has completed the acquisition of a 0.615% Participating Interest (PI) in Azerbaijan’s offshore Azeri-Chirag-Gunashli (ACG) …

    Source: ETEnergyWorld - Uncategorized
  • Published on Nov 30, 2024

    OVL increases stake in ACG oil field in Azerbaijan

    State-run ONGC Videsh (OVL) has completed the acquisition of 0.615 per cent Participating Interest (PI) in Offshore Azeri Chirag Gunashli (ACG) field in Azerbaijan from Equinor. This also includes acquisition of 0.737 per cent shares of Baku Tbilisi Ceyhan …

    Source: The Hindu Business Line - Neutral
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