Thursday,Nov 29,2007
OVL bags 2 offshore blocks in Brazil http://www.business-standard.com/compindustry/storypage.php?tab=r&autono=305862&subLeft=1&leftnm=1
BS Reporter / New Delhi November 29, 2007
ONGC Videsh (OVL), the overseas investment arm of government-owned exploration and production company Oil and Natural Gas Corporation (ONGC), has bagged two offshore exploration blocks in Brazil's latest round of auctions.
The two blocks, one located in the deepwater Espirito Santos basin and the other on the shallow-water Santos basin, has taken OVL's total number of blocks to 35 spread across 17 countries. http://www.business-standard.com/compindustry/storypage.php?tab=r&autono=305862&subLeft=1&leftnm=1