ONGC announces ONGC Videsh signs MoU with Rosneft

For cooperation in Russia's Offshore arctic

Oil & Natural Gas Corporation announced that Rosneft and ONGC Videsh have signed a Memorandum of Understanding (MOU) for cooperation in subsurface survey, exploration, appraisal and hydrocarbon production in Russia's offshore arctic.

Currently, ONGC Videsh and Rosneft are partners in the Sakhalin-I oil & gas project in the Russian Federation.

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