Middle East Economic Survey


No 10



ONGC Videsh Enters Egyptian Upstream With North Ramadan Block Award

The overseas arm of Indias Oil and Natural Gas Corporation, ONGC Videsh, along with consortium partner IPR Energy Red Sea, a subsidiary of Texas independent IPR, has been awarded the North Ramadan Block 6 in Egypt by the Egyptian General Petroleum Corporation (EGPC), ONGC announced on 1 March. The 290 sq km Block 6 is located in the central part of Gulf of Suez...