ONGC Videsh to pump $150m in Bangladesh, Colombia & Kazakhstan

ONGC Videsh to pump $150m in Bangladesh, Colombia & Kazakhstan

ONGC Videsh Limited Company, Indian state-run Oil and Natural Gas Corp, plans to invest $150 million in exploration this fiscal year to drill more wells in Bangladesh, as well as in Colombia and Kazakhstan.

Oil and natural gas company has accelerated its exploratory efforts in Bangladesh and Kazakhstan, according to economictimes. The preparations are on to drill the first well in Bangladesh while the drilling has begun in the Kazakhstan block in the Caspian Sea, managing director Narendra Verma said.

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