Oil & Natural Gas Corporation Ltd has informed BSE regarding a Press Release dated February 17, 2014 titled "ONGC Videsh and Oil India signs Production Sharing Contract for Two Shallow water Exploration Blocks in Bangladesh".
ONGC Videsh (OVL) signed production sharing contract foe two shallow water exploration blocks SS-09 & 55-04 in the bay of Bengal of Bangladesh on February 17, 2014. OVL along with Oil India formed a consortium (50:50) and participated in the Bangladesh offshore bidding Round 2012, launched by Bangladesh Government during December 2012.Source : BSE
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