ONGC Videsh Finds More Oil In Colombia

(Reuters, 5.Jan.2019) — India’s ONGC Videsh, the overseas investment arm of the country’s biggest explorer, Oil and Natural Gas Corp, has found more oil in a block in Colombia, a company statement said.

ONGC Videsh has a 70 percent stake in the CPO-5 block and Petrodorado South America S.A. Sucursal (PDSA) holds the remaining share.

(Reporting by Nidhi Verma and Abhirup Roy)

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