(ONGC, 24.Jan.2022) â ONGC Videsh Limited (OVL) had registered a major gas discovery in 2019 in its deep offshore block BM-SEAL-4, Brazil, located in the Sergipe Alagoas Basin. Petrobras is the Operator of the block with 75% Participating Interest (PI) and in which partner ONGC Videsh holds 25% PI. ONGC […]
Tag: Oil and Natural Gas Corporation Videsh (ONGC)
ONGC Videsh To Exit Colombian Blocks
(Cogencis, Sukalp Sharma, 20.Aug.2019) â ONGC Videsh Ltd plans to relinquish three exploratory blocksâRC-9, RC-10, and GUA OFF-2âin Colombia in the current financial year ending March due to adverse hydrocarbon prospectivity in these blocks, sources with direct knowledge of the matter told Cogencis. ONGC Videsh is the overseas investment arm […]
Indiaâs ONGC Gets $32 Million Payment From PDVSA
(Reuters, 5.Dec.2018) â Indiaâs Oil and Natural Gas Corp (ONGC) has received a payment of $32 million from Petroleos de Venezuela (PDVSA) as part of a settlement of outstanding dividend payments and said it now hopes that Venezuelaâs state oil firm will be regular in making further payments, a senior […]
IndoVenezolana Opens Injection Plant
(Energy Analytics Institute, Aaron Simonsky, 15.May.2017) â Petrolera Indovenezolana opened a Saltwater Injection Plant in Zuata North field, AnzoĂĄtegui state to boost production and prevent reservoir declination. The field, located in Hugo ChĂĄvez Orinoco Oil Beltâs JunĂn Division, utilized Venezuelan technology during the early phase of the project, reported PDVSA […]
1St Venezuela-India Round-table in Caracas
(Energy Analytics Institute, Ian Silverman, 7.Oct.2013) â The 1st Business Round-table meetings between Venezuelan and Indian companies took place in Caracas from October 7-9, 2013. Highlights from the round-table follow: Venezuelan Oil Minister Rafael Ramirez addressed opening ceremony: Venezuelan-India create working tables to collaborate on development of the six topics/areas: […]