(EnergyAsia, October 9) — India’s ONGC and China’s Sinopec said they have jointly acquired the upstream oil assets of Colombia’s Omimex de Colombia Ltd, from Texas-based Omimex Resources Inc. ONGC was represented by subsidiary of ONGC Videsh Ltd (ONGC-VL) while Sinopec was represented by Sinopec International Petroleum Exploration and Production Corporation (SIPC) in their equal…
INDIA: ONGC, China’s Sinopec to jointly acquire producing Colombian oil assets
Posted on October 9, 2006 by EnergyAsia