Bulletin Updates
ONGC Videsh, partners relinquish Israeli oil block – 7 Sep 2021
Sep 07, 2021
Three years after its much-acclaimed maiden entry into Israeli water that was symbolic of New Delhi's growing closeness with Tel Aviv, an ONGC Videsh Ltd (OVL)-led Indian consortium has relinquished the offshore oil block due to "very poor" hydrocarbon prospectivity.
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