Category Archives: Press Releases

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 […]

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 […]

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. […]

ONGC Videsh makes two new discoveries in Colombia and Brazil ONGC Videsh has recorded discoveries of oil in its onshore exploration block CPO-5, Colombia in the Llanos basin and major gas in the deep offshore exploration block BM-SEAL-4, Brazil in the Sergipe Alagoas Basin. Well Sol-1, Colombia Well Sol-1, in the block CPO-5 encountered the […]

AK Gupta has taken over as the Director (Operations) in the Board of ONGC Videsh, the international petroleum company of India. He brings over three decades of experience in various capacities in domestic and overseas operations. He was most recently the Asset Manager Designate of Assam and prior to that Asset Manager Silchar, ONGC. Earlier, […]

ONGC Videsh Limited (ONGC Videsh) – a wholly owned subsidiary of ONGC, the National Oil Company of India, announces that Mozambique LNG1 Company Pte. Ltd., the jointly owned marketing entity of ONGC Videsh and joint venture partners of Mozambique Rovuma Offshore Area 1 project incorporated at Singapore, has entered into long-term LNG Sale and Purchase […]

ONGC Videsh receives The India Risk Management Award In close succession of receiving Golden Peacock Award for Risk Management in December 2018, ONGC Videsh added another feather in its cap by receiving The India Risk Management Award constituted by ICICI Lombard & CNBC-TV18 in the category Best Risk Management Framework and Systems – PSU. The […]

ONGC achieves second consecutive success in an onshore well Indico-1X, 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 registered a significant discovery of oil in its onshore block CPO-5, Colombia, in Llanos Basin. OVL, which is […]

ONGC Videsh Declares H1 FY’19 Financial Results Financial results of ONGC Videsh Ltd, the wholly-owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC), for the half year ended September 30, 2018 were considered and approved by the Board in its meeting held on November 14, 2018. The performance highlights are as under: Standalone and […]

Press Release “A Sudanese Ministerial delegation comprising H.E. Dr. Awad Ahmed Mohammed Elgaz, Assistant to the President of the Republic of the Sudan; H.E. Azhari Abdalgadir Abdalla Abdalgadir, Minister of Petroleum; H.E. Mr. Osama Faisal Elsayed Ali, State Minister of Foreign Affairs; H.E. Mr.Tarig Hassan Ali Shalabi, State Minister of Finance; H.E. Mr. Sirajuddin Hamid […]