ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake
AI Summary
ONGC is close to signing agreements to operate two oil blocks in Venezuela under the country's new petroleum law. Additionally, the company has regained its stake in Russia's Sakhalin-1 oil project, reinforcing its international energy portfolio.
India's top explorer, Oil and Natural Gas Corp (ONGC), hopes to soon sign agreements with Venezuela to operate two oil blocks under the South American nation's new petroleum law…
Markets Deals Commodities Energy ONGC oil blocks Venezuela Sakhalin-1 Russia petroleum law energy deals