Vivekanand takes over as Director (Finance), ONGC Videsh

Vivekanand has taken over as the Director (Finance) in the Board of ONGC Videsh, the international petroleum company of India on 1st September, 2016. He brings over three decades of experience as Finance and Accounting professional in the upstream oil and gas industry both in domestic and international operations. He has handled the whole gamut […]

Vivekanand is the new Director (Finance), ONGC Videsh

As Mr Satpal Garg remitted office of Director (Finance), ONGC Videsh on August 31, 2016, the memory lane was inundated with narratives of a career that was illustrious and eventful. Notwithstanding the deluge that brought the capital city to a standstill, ONGC Videsh Delhi office was choc-a-bloc with colleagues who had come to bid adieu […]

Director (O), ONGC Videsh visits Russia to rekindle projects

Mr. P.K Rao, Director (Operations), ONGC Videsh visited Moscow and Tomsk of Russian Federation and reviewed the newly acquired Asset Vankorneft and Imperial Energy during 3rd to 5th August, 2016. He was accompanied by Mr. K.S. Pandey, Regional President- Russia Business Unit of ONGC Videsh. At Moscow, he met with Mr. Eric Maurice Liron; First […]

CMD commends Azerbaijan asset of ONGC Videsh

On the occasion of 70th Independence Day, CMD ONGC conferred upon the project ACG, Azerbaijan with a Commendation Certificate for “Runner up Best Performing Asset” of ONGC Videsh for 2015-16. The commendation has been conferred for excellence in performance and significant contribution to overall growth of the Organization.   Team Azerbaijan receives the award from […]

Block 06.1 of Vietnam- Best performing Asset ONGC Videsh

Block 06.1 of Vietnam, which was conferred CMD ONGC commendation Certificate for “Best performing Asset of ONGC Videsh” for FY 2014-15, has once again repeated its exemplary performance, bagging the CMD’s commendation Certificate for “Best performing Asset of ONGC Videsh” for FY 2015-16 as well. Ofshore Platform at Lan Tay Field  Last year, ONGC Videsh […]

32nd Board Meet and 9th Shareholder Meet of MECL

Mansarovar Energy Colombia Limited (MECL) which is a joint venture of India’s ONGC Videsh Limited and China’s SIPC (SINOPEC International Exploration and Production Corporation) conducted its 32nd Board and 9th Shareholder meet in Delhi recently. During the meeting crucial issues including company’s performance, strategic plans and growth were discussed and deliberated.   The four-day meet […]

ONGC Videsh signs MoU with ONGC for the year 2016-17

ONGC Videsh has signed MoU with ONGC recently in which targets for 2016-17 are set higher than the 2015-16 performance of the company. Oil and gas production excellent target for 2016-17 is 7.939 MMT and 4.056 BCM respectively and includes production from recently acquired 15% stake in Vankorneft, Russia. For 2015-16, the excellent target was […]

ONGC Videsh raises US$ 1 billion from international markets

NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES ONGC Videsh Vankorneft Pte. Ltd. (“OVVL” or the “Company”), an indirect wholly owned subsidiary of ONGC Videsh Limited, which itself is a direct wholly owned subsidiary of Oil and Natural Gas Corporation Limited (“ONGC”) announced that it has priced on 19 […]