VOL. XLVI
No 36
08-September-2003
SUDAN
ONGC Buys OMV Stakes In Blocks 5A, 5B For $115Mn
OMV sold its shares in Sudans exploration Blocks 5A and 5B to Indias ONGC Videsh on 2 September for some $115mn, an OMV statement said (MEES, 1 September). The transaction, which is subject to approval from the Sudanese government and to the contractual rights of the consortium partners, will have commercial effect backdated to 1 January 2003. OMV Vice President for Exploration and Production Helmut Langanger...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!