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INDIA'S ONGC TO GARNER US$60 MLN FROM VIETNAM GAS FIELD.
NEW DELHI, Dec 2 Asia Pulse - ONGC Videsh Ltd (OVL), the overseas arm of state-run exploration firm Oil and Natural Gas Corporation (BSE:ONGC), will garner US$60 million in revenue from its investment in a Vietnamese offshore gas field which will begin commercial production from December 6, a senior company official said.
The US$1.3 billion Nam Con Son project, in which OVL has 45 per cent stake, would produce 3 billion cubic metres of gas per annum from next year, OVL managing director Atul Chandra told reporters.
The project would transmit gas along a 399-km pipeline, the world's longest gas-and-liquid pipeline, to a power complex south of commercial hub Ho Chi Minh City, ...
- United States : Cirrus Energy buys 25 per cent stake in North Sea natural gas...
- News wire article from: TendersInfo August 5, 2009 700+ words
Byline: sandesh03 Cirrus Energy Corp. (TSXV:CYR) has acquired a 25.5 per cent stake in the L11b North Sea offshore natural gas licence and related infrastructure from Chevron Corp. (NYSE:CVX), the Calgary...
- - has trimmed by one-third the promised 60 per cent stake to ONGC-Hinduja Group...
- News wire article from: PTI - The Press Trust of India Ltd. November 16, 2009 700+ words
...one-third the promised 60 per cent stake to ONGC-Hinduja Group joint venture...the Phase-12 of the South Pars gas field, the source said. China had won...development of the giant South Pars gas field. The designated capacity is below...
- CCEA clears OVL's plan to take stake in Egypt gas field.
- News wire article from: PTI - The Press Trust of India Ltd. June 15, 2007 700+ words
...plan to take stake in Egypt gas field New Delhi, Jun 15 (PTI...Dutch/Shell's 33 per cent stake in a deepsea gas field off Egypt. The Cabinet Committee...as operator with 100 per cent stake. The gas field is estimated to hold close...
- INDIA'S OVL CLEARED TO TAKE STAKE IN EGYPTIAN GAS FIELD.
- News wire article from: AsiaPulse News June 18, 2007 700+ words
...to acquire Royal Dutch/Shell's 33 per cent stake in a deep sea gas field off Egypt. The Cabinet Committee on Economic...Mediterranean Sea, has Shell as operator with 100 per cent stake. The gas field is estimated to hold close to 10 trillion cubic...
- DAEWOO INT'L DISCOVERS LARGE GAS FIELD IN MYANMAR.
- News wire article from: AsiaPulse News January 15, 2004 700+ words
...it has found a large offshore gas field in western Myanmar. The company...International holds a 60 per cent stake in the gas field development project in an area...India Ltd., which hold a 10 per cent stake each. Oil & Natural Gas...
- Pertamina buys BP's gas field.
- Newspaper article from: Oil & Gas News July 6, 2009 700+ words
...upstream business. BP had put up for sale a 46 per cent stake in the Offshore North West Java (ONWJ) block...December, Pertamina said it was seeking a 30 per cent stake in a gas field operated by Inpex in the Timor Sea. However, there...
- EXXON MOBIL OIL INDONESIA TO SELL STAKE IN ACEH GAS FIELD.
- News wire article from: AsiaPulse News August 9, 2005 700+ words
...JAKARTA, Aug 9 Asia Pulse - Exxon Mobil Oil Indonesia Inc. (EMOI) has finally decided to abandon its 50 per cent stake in a gas field project in Aceh. EMOI Vice President Maman Budiman said the stake will be offered in an open tender to determine...
- ONGC to acquire Shell's 33 pc stake in Egypt gas field.
- News wire article from: PTI - The Press Trust of India Ltd. May 27, 2007 700+ words
...Shell's 33 pc stake in Egypt gas field New Delhi, May 27 (PTI) ONGC...Royal Dutch/Shell's 33 per cent stake in a deepsea gas field off Egypt for 160 million dollars...Shell as operator with 100 per cent stake and is estimated to hold close...
Source: HighBeam Research, INDIA'S ONGC TO GARNER US$60 MLN FROM VIETNAM GAS FIELD.