ONGC Videsh Ltd (OVL) to invest $ 1.5 bn in an Iraq oil block
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), may invest over $ 1.5 billion in exploring for oil in a block that was awarded to it by the erstwhile Saddam Hussein regime. "We are nearing finality on the contract for Block-8. It is likely to be signed …
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