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BP outbids ONGC for stake in Sakhalin

Vol 4, PW 21 (22 Nov 00) News in Brief
 

An unconfirmed report from Moscow reveals that British Petroleum has outbid ONGC Videsh for a stake in the ExxonMobil led consortium developing the 'Sakhalin I' oilfield in Russia's far east....

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Related
  • OVL plans $1.87bn E&P spend (07 May 09)

  • Aiyar goes to Sakhalin for first oil production (22 Sep 05)

  • More money needed by OVL for Sakhalin investment (08 Sep 04)

  • JP Morgan to carry out mid-term Sakhalin-1 review for OVL (17 Dec 03)

  • Sakhalin row to be aired in parliament (07 Nov 01)

  • Three possible structures for ONGC's external arm (04 Jul 01)

  • ONGC carries Rosneft development cost at Sakhalin (14 Mar 01)

  • BP interest in Sakhalin forces ONGC to pay more (14 Feb 01)

  • BP outbids ONGC for stake in Sakhalin (22 Nov 00)

  • Sakhalin deal inches closer (05 Jul 00)

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