ONGC Videsh to enter Namibian offshore with Paragon Oil and Gas (Pty) Limited

ONGC Videsh to enter Namibian offshore with Paragon Oil and Gas (Pty) Limited

ONGC Videsh has signed agreements with Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow Oil plc, for acquiring 30 percent participating interest in Namibia Petroleum Exploration License 0037 for blocks 2112A, 2012B and 2113B and related agreements out of Tullow’s existing participating interest of 65 percent in the license. Pancontinental Namibia (Pty) Limited […]