VOL. XLVI

No 12

24-March-2003

SUDAN

Talisman Completes Sale Of GNPOC Stake To ONGC Videsh

Canadas Talisman Energy announced on 12 March that it had completed the sale of its interest in the Greater Nile Petroleum Operating Company (GNPOC) in Sudan to Indias ONGC Videsh, a subsidiary of Indias national oil company, after government and consortium member consents and approvals for the sale were finally obtained. A dispute between shareholders over the proposed sale delayed completion from the end of...