Britains' Cairn Energy has offered to sell its stake in two oil and gas blocks in Krishna Godavari basin to Oil and Natural Gas Corporation for $100 million and 15 per cent equity in state-run firm's two blocks.\n\n\n\n
Hindustan Oil Exploration Company on Friday said it was in talks with British oil and gas major BG Group for buying its 62.64 per cent stake in Gujarat offshore block CB-OS/1, senior company official said in New Delhi.
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"BG is close to selling its 62.64 per cent stake in the Cambay basin exploration block CB-OS/1 to HOEC. Talks have progressed well and the sale is likely to take place soon," industry sources said in New Delhi.
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Security cameras showed a man dressed all in black scaling the sign around 3 am (local time) on New Year's Day and throwing huge black and white tarpaulins over the Os so as to change the shape of the letters.
