Indian Ongc Videsh Acquired a Share in the Field in the Caspian Sea
The total investment will be up to $60 million Indian state oil and gas company ONGC Videsh has signed an agreement to purchase from Norway’s Equinor a 0.615% stake in the Azeri-Chirag-Gunashli (ACG) offshore oil field in the Azerbaijani sector of the Caspian Sea. The company announced this in a …
Equinor Expects To Close The Deal To Sell Assets To SOCAR In Azerbaijan In Mid-2024
Norwegian Equinor plans to close the deal to sell SOCAR (State Oil Company of Azerbaijan) its assets in Azerbaijan in mid-2024. “The closure (of the transaction – IF) is expected in mid-2024,” Interfax-Azerbaijan cites excerpts from Equinor’s integrated annual report for 2023. In its fourth-quarter 2023 report released in February, …