ONGC Videsh Limited has penned a sale purchase agreement (SPA) to acquire a stake in Azerbaijan’s ACG oil field and shares in the Baku Tbilisi Ceyhan (BTC) pipeline company. What Happened ...

India's Oil and Natural Gas Corporation (ONGC) announced that its international arm ONGC Videsh has acquired a 0.615% participating interest in the Azeri Chirag Gunashli (ACG) oilfield from Equinor.