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Kazakh North Caspian Sea

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Kazakhastan blocked $5-bn bid to buy oilfield stake: OVL

ONGC Videsh Ltd (OVL) on Wednesday said its $5 billion bid to buy a stake in Kazakhastan's biggest oilfield has been blocked by the central Asian nation. "Based on the communication received......

OVL-OIL offers $5 bn for 20% in Africa gas field

After buying ConocoPhillips’ 8.4 per cent stake in a Kazakhstan oil field for $5 billion last year, ONGC Videsh Ltd and its partner Oil India Ltd have closed in on another energy asset in......

Is OVL making the right acquisitions?

ONGC Videsh Ltd, or OVL, the overseas arm of state-owned Oil & Natural Gas Corporation (ONGC), will pay $5 billion to acquire ConocoPhillips's 8.4 per cent stake in a Kazakhstan oilfield. The......

ONGC's acquisition of Kashagan oilfield will raise debt

Rating agency Moody's has said ONGC's acquisition of ConocoPhillips' 8.4 per cent stake in Kazakhstan's Kashagan oilfield will be 'credit negative' as the state-owned firm's debt will rise by $5......

OVL inks pact to buy 25% stake in Kazakhstan oil block

ONGC Videsh Ltd, overseas arm of India's biggest explorer Oil & Natural Gas Corp, on Wednesday signed an agreement to take a 25 per cent stake in Kazakhstan's Satpayev offshore exploration......

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