OVL gets two blocks in Bangladesh

OUR BUREAU New Delhi | Updated on February 18, 2014

ONGC Videsh (OVL) has signed a Production Sharing Contract (PSC) for two shallow water exploration blocks in Bangladesh.

OVL along with Oil India Ltd (OIL) formed a consortium (50:50) and participated in the Bangladesh Offshore Bidding Round 2012, launched by the Bangladesh Government during December 2012.

OVL/OIL consortium was officially notified as the winner of two shallow water blocks SS-09 & SS-04 on August 20, 2013.

Published on February 18, 2014

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor