 "oil, oil prices")
ONGC Videsh Ltd and its partners have acquired a 10 per cent stake in a large offshore oilfield in Abu Dhabi for $600 million, the first time any Indian company has set foot in the oil-rich United Arab Emirates (UAE).
The contract for the oilfield in Lower Zakum Concession, as part of India's efforts to ensure the country's energy security, was signed in Abu Dhabi yesterday evening in the presence of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan.
While addressing a large gathering of the Indian community in Dubai today, Modi
The contract for the oilfield in Lower Zakum Concession, as part of India's efforts to ensure the country's energy security, was signed in Abu Dhabi yesterday evening in the presence of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan.
While addressing a large gathering of the Indian community in Dubai today, Modi
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