India’s ONGC Videsh is prioritising the acquisition of stakes in overseas oil and gas producing assets due to anticipated declines in demand for conventional fuels. The company is shifting focus away from long-term exploration projects, except for those already in progress, according to its finance head Anupam Agarwal at the APPEC conference.
APPEC-India ONGC Videsh focuses on buying stakes in oil, gas producing assets amid energy transition
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