OVL completes acquisition of Equior's stake in Azerbaijan oilfield for $60 mn

ONGC Videsh Ltd completes the acquisition of a 0.615% stake in Azerbaijan’s ACG oilfield and a 0.737% share in the BTC pipeline from Equinor for USD 60 million. The acquisition boosts OVL’s stakes in the oilfield to 2.31% and 2.36% in the BTC pipeline.

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