Tuesday, Jun 05, 2007
Brazil's Petrobras enters India with ONGC http://www.thehindubusinessline.com/2007/06/05/stories/2007060505330200.htm
Our Bureau
Both companies will get stakes in each other's blocks
Block swap deal
Petrobras has offered 25-30% stake to ONGC in three exploration blocks ONGC has offered 15-40% stake in its three deep-water blocks. http://www.thehindubusinessline.com/2007/06/05/stories/2007060505330200.htm