Rajarshi Gupta has taken over as Managing Director of ONGC Videsh Limited (OVL) Schedule ‘A’ CPSE and subsidiary of ONGC, on 19th July 2022. Mr Gupta was recommended for the position by Public Enterprise Selection Board (PESB). Rajarshi Gupta has more than 33 years of wide-ranging experience in supervisory, managerial & strategic planning capacities in domestic […]
Category Archives: Press Releases
ONGC Videsh announces new discovery in Colombia
ONGC Videsh Limited (OVL), the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Ltd. (ONGC), the National Oil Company of India, has made an oil discovery in the recently drilled well, Urraca-IX, in CPO-5 block, Llanos Basin, Colombia. Well, Urraca-1X was spudded on 20th April 2022 and drilled to target depth […]
Anupam Agarwal takes over as ONGC Videsh Director (Finance)
Anupam Agarwal has taken over as Director (Finance) of ONGC Videsh Limited on 18th June 2022, Schedule ‘A’ CPSE and subsidiary of ONGC. Mr Agarwal was recommended to the position by Public Enterprise Selection Board (PESB) on 28th February 2022 and has been appointed to the post by the President of India. Prior to this, Mr Agarwal […]
O N Gyani takes over charge as Director of ONGC Videsh Limited
Omkar Nath Gyani has taken over charge as the Director (Operations) in the Board of ONGC Videsh Limited (OVL) – the international petroleum company of India. Mr Gyanihas rich experience of more than three decades in diverse aspects of reservoir and production management of onshore and offshore fields in ONGC, JV and OVL. Prior to […]
ONGC Videsh enters the Development stage with the Declaration of Commerciality (DoC) in its Brazil Offshore project BM-SEAL-4
ONGC Videsh Limited (OVL) had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the Sergipe Alagoas Basin. Petrobras is the Operator of the block with 75% Participating Interest (PI) and in which partner ONGC Videsh holds 25% PI. ONGC Videsh Limited, after detailed evaluation, now enters into […]
Sanjeev Tokhi takes over as Director (Exploration) of ONGC Videsh
Mr. Sanjeev Tokhi has taken over as the Director (Exploration) on 4 th October 2021 to join the Board of ONGC’s wholly-owned subsidiary, ONGC Videsh Limited (OVL). In his 33 years of illustrious career, Mr. Tokhi commands a diversified exposure in all facets of exploration from Acquisition, Processing and Interpretation (API) to Petroleum Basin Modelling […]
ONGC Videsh begins its exploratory drilling campaign in Bangladesh
ONGC Videsh Limited, a wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC), the National Oil Company of India, has spudded its first well Kanchan#1 in Block SS04, Bangladesh, on 29 th September 2021 at Maheshkhali Island. This exploratory well is planned to be drilled to a depth of 4200 m and will […]
ONGC VIDESH Strikes Commercial Oil in Appraisal Well “Indico- 2” in CPO-5 block, Colombia.
ONGC Videsh Limited (OVL), the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Ltd. (ONGC), the National Oil Company of India has made a significant strike of oil in its onshore block CPO-5, Colombia, in Llanos Basin. OVL is Operator in the block with 70% stake along with its Partner Geopark […]
ONGC Videsh to acquire 13.6667% Participating Interest in Exploitation Area and 15% Participating Interest in Exploration Area under RSSD Production Sharing Contract , Offshore Senegal
New Delhi : ONGC Videsh through its wholly owned subsidiary has signed definitive binding agreements with FAR Senegal RSSD SA (Seller), a wholly owned subsidiary of FAR Limited (FAR) on –10 th November 2020 for acquiring 13.6667% participating interest in Exploitation Area (Sangomar Field) and 15% participating interest in Remaining Contract Area (Exploration Area) of […]
Alok K. Gupta takes over as Managing Director & CEO of ONGC Videsh
Industry veteran AK Gupta has taken over as Managing Director & CEO of ONGC Videsh, the international petroleum company of India and the overseas arm of national oil and gas major ONGC. He brings with him over three decades of experience in various capacities in domestic and overseas oil and gas exploration and production operations. […]