ONGC VIDESH LIMITED

Working globally for the Energy Security of India

Varsha D
MBA IDM
23020344068
INTRODUCTION
ONGC Videsh Limited, is a subsidiary and overseas arm of Oil and
Natural Gas Corporation Limited (ONGC).
The primary business of ONGC Videsh is to
• Prospect for oil and gas acreages outside India
• Exploration, development and production of oil and gas.
ONGC Videsh owns Participating Interests in 39 assets in 17 countries
and produces about 30.3% of oil and 23.7% of oil and natural gas of
India’s domestic production.
In terms of reserves and production, ONGC Videsh is the second largest
petroleum company of India, next to its parent ONGC.

Since 5th March, 1965

 KEY STRENGTHS

THAT ENABLES SUSTAINABLE COMPETITIVE ADVANTAGE

Extensive Alliances And Balanced Technology As A Accomplished

International Partnerships With Portfolio Of Value Driver Human
Footprint Major E&P Assets Resources
Companies Supported By
Strong
Governance
 Extensive International Footprint

ONGC Videsh has stake in 39 oil and gas projects in 17

Countries

Azerbaijan (2 projects) Myanmar (6 projects)

Bangladesh (2 Projects) New Zealand (2 projects)

Brazil (2 projects) Russia (3 projects)

Colombia (7 projects) South Sudan (2 projects)

Iran (1 project) Syria (2 projects)

Iraq (1 project) UAE (1 project),

Libya (1 project) Venezuela (2 projects)

Kazakhstan (2 project) Vietnam (2 projects).

Mozambique (1 Project),
BALANCED PORTFOLIO
OF ASSETS
 KEY STRATEGIES
OVL's investment choices are influenced by India's growing energy demands and the need for a diversified and
stable supply of oil and gas resources. Additionally, geopolitical and economic factors play a significant role in
shaping their investment decisions.

RUSSIA VIETNAM MOZAMBIQUE IRAN SUDAN

OVL holds stakes in OVL has invested in OVL has a stake in the Iran is a significant OVL has invested in oil
projects such as the multiple projects in Rovuma Area 1 offshore producer of oil, and exploration and
Sakhalin-I and the Vietnam, including the block, which is one of these investments aim to production projects in
Vankor oilfield. Russia Lan Do gas field and the world's largest secure a stable supply of Sudan and South
is a major global Block 128. Vietnam's natural gas discoveries. crude oil for India. Sudan. These
producer of oil and gas, proximity to India and its This investment is However, the dynamics investments were aimed
offshore oil and gas strategically important as of investments in Iran
and these Investments at enhancing India's
it helps India secure can be influenced by
help India access these reserves make it an crude oil supply.
access to natural gas geopolitical factors and
resources. attractive investment
resources. sanctions.
destination.
 KEY STRATEGIES
The choice of countries for investment is driven by several other factors including :
• Availability of hydrocarbon resources,
• Geopolitical considerations,
• Strategic partnerships,
• Economic viability.
UAE MYANMAR BRAZIL KAZAKHSTAN OTHERS

OVL has invested in the OVL has participated in OVL has been involved OVL has stakes in oil OVL has explored
Al-Jurf offshore oilfield projects such as the in exploration activities and gas projects in opportunities and made
in the UAE. This Shwe gas project in in Brazil's deepwater Kazakhstan, including investments in various
investment contributes Myanmar, helping India blocks. Brazil is known the Satpayev exploration other countries,
to India's access to oil diversify its sources of for its offshore oil block. Kazakhstan is an including
resources from the natural gas. reserves, and this important player in the • Nigeria
energy sector in Central
Middle East. investment aligns with • Venezuela
Asia. This investment
India's energy security • Colombia
contributes to India's
goals. to contributes to India's
access
security goals.
 Alliances And
Partnerships

ONGC Videsh has developed strong partnership alliance

with a host of IOCs and NOCs including

ExxonMobil AzACG
British Petroleum Rosneft
Shell ADNOC
ENI Posco International
Total Petro Vietnam
Repsol CNPC
Equinor Sinopec
MOL PDVSA
Petrobras Petronas
Sodeco Ecopetrol
 BEST OF CLASS
TECHNOLOGY &
HUMAN RESOURCES
ONGC Videsh has highly skilled human resource with
excellent technical and management capabilities.
The company has built facilities for evaluation, interpretation,
economic modelling, FEED, design and execution of oil and
gas projects and enjoys the technical and human resource
support from ONGC.
ONGC Videsh has developed core expertise in due diligence,
techno-commercial evaluations, bid negotiations and
transaction documentations.
THANK YOU