ONGC Videsh Limited (OVL) is a wholly owned subsidiary of the Oil and Natural Gas Corporation Limited (ONGC). ONGC ranks as the Numero Uno Oil & Gas Exploration & Production (E&P) Company in Asia, as per Platts 250 Global Energy Companies List for the year 2007. ONGC is the only Company from India in the Fortune Magazine’s list of the World’s Most Admired Companies 2007.

   OVL was incorporated as Hydrocarbons India Private Limited on March 5, 1965 for the business of international exploration and production. Its name was changed to ONGC Videsh Limited on June 15, 1989. The primary business of the company is to prospect for oil and gas acreages abroad. This includes acquisition of oil and gas fields in foreign countries as well as exploration, production, transportation and sale of oil and gas.