ONGC wins 2 exploration blocks in Colombia

ONGC wins 2 exploration blocks in Colombia

Mumbai: Indian state-run energy firm Oil & Natural Gas Corp said on Tuesday its wholly owned unit ONGC Videsh Ltd had won two exploration blocks in Colombia.

ONGC, which accounts for over 78% of India’s oil and gas production, said the two blocks were located in the Llanos Basin and Sinu San Jacinto Basin.

ONGC Videsh will hold 100% interest in the Llanos basin block and 50% in the other block.

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