OVL | Egypt Oil & Gas

OVL Cancels Iran LNG Export Facility

ONGC Videsh Ltd has canceled plans to establish a liquefied natural gas export facility worth $5 billion in Iran.

Sudan Delayed Block 2B License Extension

Sudan has delayed an extension to Oil and Natural Gas Corporation Limited (ONGC) Videsh’s license on Block 2B as it seeks higher royalties, tax, and profit.

India Urged Iran to Finalize Farzad-B Gas field Award

India has nudged Iran to quickly award rights to develop the coveted Farzad-B gas field in the Persian Gulf to ONGC Videsh by wrapping up negotiations that have been dragging on for months.

OVL Buys Stake in Massive Russian Field

Indian firm OVL is buying a 15% stake in the massive Siberian oil field in Russia’s far East, Dispatch Times reported ...

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