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Rosneft agreed on sale of 15% in Vankorneft to ONGC Videsh
Rosneft and Indian ONGC Videsh Limited during the Eastern Economic Forum signed the agreement of sale and purchase of 15% in Vankorneft and shareholders agreement in regard of the enterprise management. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and Managing Director of ONGC Videsh Limited Narendra Verma.

date.png09 Sep 2015 05:53 | comments.png 0 Comments | tags.png c-asia ongc rosneft russia upstream [ More ]

Petrobras concludes sale transaction of its stake in BC-10
Petróleo Brasileiro S.A. – Petrobras concluded this Monday (December 30th, 2013) the sale of its 35% stake in the offshore project Parque das Conchas (BC-10) for US$ 1.636 billion.

date.png07 Jan 2014 09:52 | comments.png 0 Comments | tags.png brazil ongc petrobras s-america shell upstream [ More ]

Sigma Offshore awarded engineering contract for Indian Ocean FPSO project
Sigma Offshore, the international FPSO turret mooring and marine engineering services company, has secured a contract for a key project which forms part of a multi-billion pound development in the Indian Ocean.

date.png15 Sep 2013 10:06 | comments.png 0 Comments | tags.png asia engineering fpso india ongc services sigma-offshore [ More ]

ConocoPhillips Notified of Republic of Kazakhstan’s Intent to Pre-empt ConocoPhillips’ Sale of Kashagan Interest
ConocoPhillips (NYSE: COP) today confirmed receiving official notification that the Kazakhstan Ministry of Oil and Gas is exercising its right under the Subsoil Law of Kazakhstan to pre-empt ConocoPhillips’ proposed sale of its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited.

date.png03 Jul 2013 07:07 | comments.png 0 Comments | tags.png c-asia conoco kazakhstan ongc top upstream [ More ]

Hess Closes Sale of Interest in ACG Fields to ONGC Videsh
Hess Corporation (NYSE: HES) announced today it has completed the sale of its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. Adjusting for net cash flow received since the Jan. 1, 2012 effective date of sale, after tax net proceeds are $884 million.

date.png29 Mar 2013 07:00 | comments.png 0 Comments | tags.png azerbaijan c-asia deals hess ongc upstream [ More ]

Aishwariya field commences oil production
The Cairn-ONGC Joint Venture (JV) has commenced production from the Aishwariya field, the third largest discovery in the Rajasthan Block (RJ-ON-90/1). The field will achieve a gradual and safe ramp up to reach the currently approved FDP rate of 10,000 bopd.

date.png25 Mar 2013 09:40 | comments.png 0 Comments | tags.png asia cairn india ongc upstream [ More ]

Technip, in a consortium with Afcons and TH Heavy Engineering, awarded offshore contract in India
Technip, in a consortium with AFCONS Infrastructure Ltd and TH Heavy Engineering Berhad, was awarded a contract by Oil & Natural Gas Corporation Ltd (ONGC), worth approximately €220 million (Technip share: about €50 million), for the Heera Redevelopment (HRD) process platform project in the Arabian Sea, at approximately 70 kilometers South-West of Mumbai, India.

date.png04 Feb 2013 21:28 | comments.png 0 Comments | tags.png asia india ongc services technip [ More ]

ConocoPhillips Announces Intention to Sell Interest in North Caspian Sea Production Sharing Agreement (Kashagan)
ConocoPhillips (NYSE: COP) today announced that it has notified government authorities in Kazakhstan and its co-venturers of the company’s intent to sell its 8.4 percent interest in the North Caspian Sea Production Sharing Agreement (Kashagan) to ONGC Videsh Limited.

date.png26 Nov 2012 19:14 | comments.png 0 Comments | tags.png c-asia conoco deals kazakhstan ongc top upstream [ More ]

Hess to Sell Interest in ACG Fields to ONGC Videsh
Hess Corporation (NYSE: HES) announced today it has agreed to sell its 2.72 percent interest in the Azeri, Chirag and Guneshli Fields (ACG) in Azerbaijan and its 2.36 percent interest in the associated BTC pipeline to ONGC Videsh Ltd. for $1 billion. The transaction, expected to close in the first quarter of 2013, is subject to Indian and other government and regulatory approvals.

date.png07 Sep 2012 21:48 | comments.png 0 Comments | tags.png azerbaijan c-asia hess ongc upstream [ More ]
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