The Hindu: OVL-OIL to buy Videocon’s stake in Mozambique gas field
Oil and Natural Gas Corporation (ONGC) and Oil India Ltd. (OIL), on Tuesday, said they would buy Videocon Industries’ 10 per cent stake in Mozambique gas field for $2.5 billion. MORE
Summary
ONGC and OIL agreed on June 25 to buy with Videocon Mauritius Energy the entire shares of ideocon Mozambique Rovuma 1.
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