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New Delhi, July 4 ONGC Videsh Ltd (OVL) has been short-listed to qualify as an operator for deepwater blocks by Angolan authorities. This was announced at a meeting between Mr Murli Deora, Minister of Petroleum and Natural Gas, and Mr Desidério da Graça Veríssimo e Costa, Minister of Petroleum of Angola, on the sidelines of 19th World Petroleum Congress in Madrid, Spain.

An official communiqué issued here on Friday said, Mr Deora has also proposed that OVL and Angola’s national oil company Sonongal should form a joint venture to participate in the next round of offer on exploration blocks in Angola. Echoing Mr Deora’s sentiments, Mr Desiderio Costa, said that Angola is open to consider such a proposal. OVL is the only company from India to cross the mark of pre-qualification of exploration and production companies, which will entitle it to bid for deepwater exploration blocks in Angola as an operator.

Mr Deora would write to his counterpart while the Managing Director of OVL would send a formal proposal to the CEO of Sonongal for taking forward the matter, the statement said.

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