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Utpal Bhaskar 08:37 PM | November 10,2009
It will take five years for the project, which will have a capacity of 31.1 million standard cubic metres of gas a day, to be completed
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PTI 12:00 PM | September 15,2009
The joint venture of OVL, IOC, OIL had in 2006 made an oil discovery in the Farsi offshore block which was thought to contain one billion barrels of reserves
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PTI 06:36 PM | August 14,2009
“Reliance has communicated to us that it is no longer interested in the project,” a top ONGC official said
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PTI 04:58 PM | July 31,2009
Satpayev is situated in highly prospective region of North Caspian Sea and in proximity to at least four fields
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PTI 02:05 PM | June 25,2009
OVL and IOC have 40% stake each in the 3,500 sq km Farsi offshore block that was awarded to the consortium in 2002. OIL has the remaining 20%
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Rakteem Katakey / Bloomberg 01:04 AM | June 10,2009
Production might drop to 8 mn tonnes; firm says low prices have forced it not to increase output at new fields
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Utpal Bhaskar and Padmaparna Ghosh 09:24 PM | May 19,2009
Some of the power utility’s plans include setting up power projects in Kazakhstan, and securing operations and maintenance contracts in the US, Europe and Bangladesh
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PTI 02:50 PM | May 01,2009
The discovery, which was subsequently named Farzad gas field, has inplace reserves of up to 21.68 trillion cubic feet of which recoverable reserves may be 12.8 trillion cubic feet
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PTI 05:12 PM | April 09,2009
“We are evaluating the three massive fields that are on offer and will decide on bidding shortly,” a top OVL official said
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11:06 PM | March 18,2009
OVL’s efforts to get back 2 highly prospective deep-sea oil blocks in Nigeria have hit a roadblock with a court in the African nation granting an interim injunction on the transaction
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02:00 PM | January 12,2009
This comes after three years of tough negotiations, during which Kazakhstan went back and forth several times on its commitment to give ONGC a stake
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PTI 10:30 PM | December 31,2008
The deadline for the state-owned firm’s £12.50 per share offer closed on Tuesday and 99,241,110 of the shares were tendered
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PTI 02:52 PM | December 29,2008
In India, OVL remained tight-lipped on the transaction, offering no comments on the number of shares tendered so far
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04:19 PM | December 11,2008
OVL and IOC would invest about $3 billion to develop the gas field if Tehran gives the go-ahead
FIND MORE ARTICLES ON:
OVL IOCIranNatural gas
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PTI 03:43 PM | December 02,2008
The company will hold 100% interest in the block and will invest $250 million in initial exploration phase
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