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ONGC, Azerbaijan
ONGC Expands Global Reach with New Stake in Azerbaijan’s ACG Oil Field
The deal includes ONGC Videsh acquiring 0.737% equity in the pipeline company Baku-Tbilisi-Ceyhan through its wholly owned subsidiary ONGC BTC Ltd.
ONGC Videsh acquires Equinor’s stake in Azerbaijan oilfield for $60 million
ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), has completed the acquisition of Norwegian firm Equinor's stake in an Azerbaijan oilfield and an associated pipeline for USD 60 million,
ONGC Videsh acquires $60 million stake in Azerbaijan’s ACG field and BTC pipeline
The deal also includes a 0.737% shareholding in the Baku-Tbilisi-Ceyhan (BTC) pipeline company through its subsidiary, ONGC BTC Limited, for a total investment of $60 million.
OVL completes acquisition of Equior's stake in Azerbaijan oilfield for $60 mn
ONGC Videsh Ltd completes the acquisition of a 0.615% stake in Azerbaijan's ACG oilfield and a 0.737% share in the BTC pipeline from Equinor for USD 60 million. The acquisition boosts OVL's stakes in the oilfield to 2.
ONGC Videsh Limited acquires 0.615 per cent stake in ACG, 0.737 per cent stake in BTC, Azerbaijan
ONGC Videsh Limited, a wholly-owned subsidiary of ONGC, has acquired a 0.615% Participating Interest (PI) in the prolific Azeri-Chirag-Gunashli (ACG) field from Equinor. Simultaneously, ONGC Videsh has increased its stake in the Baku-Tbilisi-Ceyhan (BTC) pipeline to 2.
ONGC Videsh Expands Global Footprint with Azerbaijani Oilfield Acquisition
ONGC Videsh Ltd, a branch of the Oil and Natural Gas Corporation, has acquired Norway's Equinor stake in an Azerbaijan oilfield and its pipeline, valued at USD 60 million. The purchase increases ONGC's stake in these assets in an effort to boost their global oil and gas project portfolio.
OVL increases stake in ACG oil field in Azerbaijan
ONGC Videsh acquires stake in ACG field in Azerbaijan and BTC pipeline, enhancing energy security with international assets.
India's ONGC Videsh finalizes acquisition of Norwegian Equinor's stake in ACG
BAKU, Azerbaijan, November 30. The Indian state-owned ONGC Videsh Limited (OVL) company has completed the acquisition of a 0.615 percent stake in the development project of the Azeri-Chirag-Gunashli (ACG) oil field in Azerbaijan from the Norwegian Equinor company, Trend reports.
ONGC Videsh Invests $60 Million For Additional Stake In Azerbaijan Oil Field
ONGC Videsh Ltd., a wholly owned subsidiary of Oil & Natural Gas Corp., acquired an additional stake in an offshore Azerbaijan oil field from Norway's state-owned Equinor for $60 million on Friday.
ONGC Videsh acquires additional stake in Azerbaijan's ACG oil field and BTC pipeline
The transaction also includes acquiring a 0.737% shareholding in the Baku-Tbilisi-Ceyhan (BTC) pipeline company through its subsidiary, ONGC BTC Ltd. The acquisition, valued at ap
Azer News
12h
Equinor completes sale of Azeri-Chirag-Gunashli stake to SOCAR and ONGC
On 29, Equinor finalized the sale of its stake in the Azeri-Chirag-Guneshli (ACG) field development and the ...
money.rediff
14h
ONGC Videsh Acquires Equinor Stake in Azerbaijan Oilfield
ONGC Videsh Ltd. (OVL) has completed the acquisition of Equinor's stake in the Azeri Chirag Gunashli (ACG) oilfield and Baku Tbilisi Ceyhan (BTC) pipeline for USD 60 million.
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