OVL, PetroEcuador ink MOU for co-operation in hydrocarbon sector

August 2006
Chemical Business;Aug2006, Vol. 20 Issue 8, p63
Trade Publication
The article reports on the move of India's ONGV Videsh Ltd. (OVL) and Ecuador's PetroEcuador to sign a memorandum of understanding for cooperation in the hydrocarbons sector. The first joint project is a bid for the Ishpingo-Tambococha-Tiputini in Ecuador. Under the contract, OVL will help PetroEcuador in bid negotiations on areas related to the exploration and production of joint venture firms.


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