ONGC Videsh Operating 37 Projects in 17 Countries
ONGC Videsh has stake in 37 oil and gas projects in 17 Countries, viz. Azerbaijan (2 projects), Bangladesh (2 Projects), Brazil (2 projects), Colombia (7 projects), Iran (1 project), Iraq (1 project), Israel (1 project), Kazakhstan (1 project), Libya (1 project), Mozambique (1 Project), Myanmar (6 projects), Russia (3 projects), South Sudan (2 projects), Syria (2 projects), UAE (1 project), Venezuela (2 projects), and Vietnam (2 projects).
ONGC Videsh adopts a balanced portfolio approach and maintains a combination of producing, discovered, exploration and pipeline assets. Currently, ONGC Videsh has oil and gas production from 15 Assets, 4 Assets where hydrocarbons have been discovered and are at various stages of development, 18 Assets are under various stages of Exploration and 4 projects are pipeline projects.