Indian ONGC-led consortium gets stake in ADNOC offshore oil concession

Indian ONGC-led consortium gets stake in ADNOC offshore oil concession
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15.02.2018

MOSCOW (MRC)В -- A consortium led by India's Oil and Natural Gas Corp (ONGC) has become the first group to win a stake in Abu Dhabi National Oil Co's (ADNOC) 40-year offshore oil concession, a deal set to help the UAE expand its foothold in Asia, reported Reuters.State-run ADNOC signed an agreement on Saturday with the ONGC Videsh-led consortium giving the group a 10 percent stake in the

Full article at mrcplast.com

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