VOL. XLV
No 44
4-November-2002
SUDAN
Talisman Sells Sudan Assets To ONGC Videsh
Canadas Talisman Energy announced on 31 October that it had entered into a definitive agreement for the sale of its stake in the Greater Nile Petroleum Operating Company (GNPOC) to ONGC Videsh, a subsidiary of Indias state-owned Oil and Natural Gas Corporation (ONGC) for approximately $758mn. We have consistently said that we liked our position in Sudan, the people and the project. But, we have also always said that...
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