[ad_1] State-owned Oil and Natural Gas Corporation (ONGC) on Tuesday (December 3) said it has raised its equity stake in its subsidiary, ONGC Petro Additions Ltd (OPaL), from 94.57% to 95.69% through the subscription of 490.6 crore equity shares at ₹10 each via a rights issue. The investment amounted to ₹4,906.20 crore. Company Value Change […]
ONGC Videsh acquires additional stake in Azerbaijan’s ACG oil field and BTC pipeline – CNBC TV18
[ad_1] State-owned Oil and Natural Gas Corporation (ONGC) on Friday (November 29) said its wholly-owned subsidiary ONGC Videsh Ltd has finalised the acquisition of a 0.615% participating interest (PI) in the offshore Azeri-Chirag-Gunashli (ACG) oil field in Azerbaijan from Equinor. The transaction also includes acquiring a 0.737% shareholding in the Baku-Tbilisi-Ceyhan (BTC) pipeline company through […]