Business Standard

ONGC Videsh begins drilling first well in Bangladesh

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ONGC Videsh (OVL), the overseas arm of Oil and Natural Gas Corporatio­n, has drilled its first well in Bangladesh. A statement from OVL said this well called Kanchan #1 had been spudded in Block SS04, Bangladesh, on Wednesday at Maheshkhal­i Island. OVL in consortium with Oil India, was awarded two shallow offshore Blocks SS-04 and SS-09 in Bangladesh during 2012 bid round.

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