Tag Archives | Oil and Natural Gas Corp

Iran, India aim to Finalize Farzad-B Deal by March

The Indian government said Tehran and New Delhi aim to clinch a deal by March to develop Farzad-B gas field in the Persian Gulf, southern Iran. ONGC Videsh Ltd (OVL), the overseas investment arm of Indian explorer Oil and Natural Gas Corp, is preparing a master plan for development of Farzad-B, while also working on […]

India Hopes to Sign Deal for Farzad B Gas Field

India’s Oil minister Dharmendra Pradhan will push for state-run firms to win development rights for the vast Farzad B gas field in Iran during a visit to the Middle Eastern country next month. India, the world’s third-biggest oil importer and fourth-biggest consumer, wants to increase dealings with Persian Gulf countries that supply the bulk of […]

Indian Group makes pitch for Farzad B Field

By John Lee. India’s ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp, has submitted a revised proposal for the development rights of Iran’s giant Farzad B gas field. Managing Director N. K. Verma (pictured) told Reuters that a consortium headed by ONGC Videsh, and including Oil India and Indian Oil Corporation, […]