OVL joins race for Ghana fields

Posted on: July 16, 2009 at 11:11 am

It is learnt that ONGC Videsh (OVL), the overseas arm of Oil and Natural Gas Corporation (ONGC) has joined the race to buy a 30% stake in Jubilee oil fields in Ghana from the US-based Kosmos Energy, reports Economic Times.
OVL has initiated the due diligence process and is expected to put in a formal bid [...]