ONGC in talks to up stake in Russia's Vankor oilfield - document

Image
Reuters MOSCOW
Last Updated : Dec 24 2015 | 9:57 PM IST

MOSCOW (Reuters) - ONGC is in talks to increase its stake in Vankor oilfield owned by Russia's top oil producer Rosneft, official documents showed on Thursday.

The documents, signed during Prime Minister Narendra Modi's visit to Moscow, also call for cooperation between Russian and Indian companies in offshore and onshore exploration and production of hydrocarbons in Russia.

(Reporting by Denis Dyomkin; writing by Vladimir Soldatkin; Editing by Dmitry Solovyov)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 24 2015 | 9:51 PM IST

Next Story