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ONGC Videsh secures 3-year extension for Vietnamese oil block in South China Sea

India Business News: Despite not having found any commercial supplies there in the past 17 years, ONGC Videsh has maintained its presence in the region owing to India's s

oil: OVL seeks another 3-yr extension for Vietnamese oil block in South China Sea

India s flagship overseas firm ONGC Videsh Ltd has sought another three-year extension to explore for oil and gas in a Vietnamese block in the contested waters of the South China Sea, officials said. If granted, this will be the eighth extension for OVL, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC).

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