ONGC Videsh to pump $150 million in Colombia, Kazakhstan & Bangladesh

ONGC Videsh to pump $150 million in Colombia, Kazakhstan & Bangladesh

NEW DELHI: ONGC Videsh, the overseas arm of the state-run Oil and Natural Gas Corp, plans to invest $150 million in exploration this fiscal year to drill more wells in Colombia, where it just made a commercial discovery, as well as in Kazakhstan and Bangladesh.

ONGCBSE -1.29 % Videsh, which operates the CPO-5 block of Colombia, has made a commercial discovery in its exploration well Mariposa-1, managing director Narendra Verma has said. The company is now drawing up plans for the d ..

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Credits :- The Economic Times

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