ONGC's foreign arm had agreed to buy firm's stake in Kashagan field for $5 bn
US-based ConocoPhillips is in talks with state-run Oil and Natural Gas Corporation ( ONGC) to pick stake in more than one of its ultra-deep-water blocks. A senior executive from ONGC said ConocoPhillips, US’s third largest energy giant, had examined 19 of its blocks and would shortly decide the ones it planned to pick a stake in.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/conocophillips-talks-pick-stake-ongc-blocks
[2] http://admin.indiaenvironmentportal.org.in/category/author/kalpana-pathak
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mahanadi
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cauvery
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/n-island