January 5, 2019 / 4:37 PM / a month ago

ONGC Videsh finds more oil in Colombia

MUMBAI (Reuters) - India’s ONGC Videsh, the overseas investment arm of the country’s biggest explorer, Oil and Natural Gas Corp, has found more oil in a block in Colombia, a company statement said.

ONGC Videsh has a 70 percent stake in the CPO-5 block and Petrodorado South America S.A. Sucursal (PDSA) holds the remaining share.

Reporting by Nidhi Verma and Abhirup Roy

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