India痴 ONGC Acquires Interest In Sirte And Ghadames Blocks
India痴state-owned Oil & Natural Gas Corporation (ONGC) has agreed to acquire a49% interest in Block NC-188 in the GhadamesBasin and BlockNC-189 in the SirteBasin fromTurkish Petroleum Overseas Company (TPOC). According to a company statement,seismic work on both blocks is likely to be completed soon, with drilling to beginin 2003. The farm-out is subject to Libyan government approval. TPOC, a...