ONGC Videsh Ltd, the overseas arm of state exploration firm Oil and Natural Gas Corporation, has submitted bids for acquiring two more oil blocks in Sudan.

OVL, which recently acquired 25 per cent stake in 280,000 barrels per day producing oil field -- Greater Nile Oil Project in Sudan's Muglad Basin -- has bid for acquiring stake in Block 5A and 5B in the same basin, industry sources told PTI in New Delhi.

Block 5A, which contains the undeveloped Thar Jath field with gross proven and probable oil reserves of 149.1 million barrels, has Petronas Carigali Overseas Sdn Bhd of Malaysia as operator with 68.875 per cent stake. Austrian oil and chemical group OMV holds 26.125 per cent and Sudan's national oil company Sudapet the remaining 5 per cent.

In Block 5B, Petronas has 41 per cent, Sudapet 10 per cent, OMV 24.5 per cent and Swedish oil concern Lundin Petroleum AB 24.5 per cent.

Sources said OVL has bid for acquiring Austrian OMV's stake in the two blocks. The bid amount was not immediately known.

Incidentally, Petronas had late last month bought out Ludin Petroleum's 40.375 per cent stake in Block 5A for $142.5 million. Petronas originally had 28.5 per cent stake in Block 5A where Lundin was the operator with 40.375 per cent stake.