The State Oil Company of the Azerbaijan Republic (SOCAR), Oil & Natural Gas Corporation (ONGC), and Mangalore Refinery & Petrochemicals Limited (MRPL) have signed a Tripartite Memorandum of Understanding (MoU) during India Energy Week (IEW) 2025 at Yashobhoomi, Dwarka, New Delhi.
According to a press release, the agreement encompasses the acquisition of a 0.615 per cent participating interest (PI) in the ACG field and a 0.737 per cent shareholding in the Baku Tbilisi Ceyhan (BTC) pipeline company through its wholly-owned subsidiary, ONGC BTC Limited.
Seoul [South Korea], October 14 (ANI/Global Economic): Korean major automobile and IT companies have teamed up to lead the global autonomous mobility market, which is expected to grow to $1.1204 trillion (about 1296 trillion won) in 2035.
New Delhi [India], Sep 18 (ANI): ONGC Videsh Limited announced that the Consortium partners of the giant ACG Fields in Azerbaijan have entered into an agreement with Azerbaijan Government and State Oil Company of the Azerbaijan Republic (SOCAR) for extension of duration of the Production Sha