News for 'binaloud'

Iran replaces ONGC with state company in oil field

Iran replaces ONGC with state company in oil field

Rediff.com26 Mar 2013

ONGC Videsh Ltd and its partners Indian Oil Corporation and Oil India Ltd had in 2009 dropped plans to develop the Binaloud oil find in the Farsi offshore block as it found one billion barrels of reserves commercially unviable.