Indian Oil Corporation Ltd has informed the Exchange that "An International Consortium Comprising Indian Oil Corporation Limited ('IOC') , ONGC Videsh Limited ('OVL'), Repsol YPF ('Repsol'), Petroliam Nasional Berhad ('Petronas') and Oil India Limited ('OIL') (collectively, the 'Consortium') was awarded by the Government of Venezuela the right to acquire 40 % interest in an 'Empresa Mixta' (or 'Mixed Company'), which would develop Carabobo 1 North and Carabobo 1 Central blocks located in the Orinoco Heavy Oil Belt, as well as associated upgrading and infrastructure projects." The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Source: NSECourtesy moneycontrol.com
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