ONGC Videsh to In­vest $150 m in Colom­bia, Kaza­khstan & B’desh

The Economic Times - - Front Page -

ONGC Videsh plans to in­vest $150 mil­lion in ex­plo­ration this fis­cal year to drill more wells in Colom­bia, as well as in Kaza­khstan and Bangladesh. The com­pany, which op­er­ates CPO-5 block of Colom­bia, has made a com­mer­cial dis­cov­ery in its ex­plo­ration well Mari­posa-1, manag­ing direc­tor Naren­dra Verma has said.

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