Boston, MA -- (SBWIRE) -- 06/14/2013 -- ONGC Videsh Limited (ONGC Videsh), an overseas arm of Oil and Natural Gas Corporation Limited (ONGC), intends to acquire 25-30% stakes in four onshore blocks in the Niger Delta, namely OPL 277, OPL 280, OPL 2005 and OPL 2006, from Sterling Exploration & Energy Production Company Limited (SEEPCO), an oil and gas company. The story has been reported by the Economic Times, citing a source involved in the negotiations. The transaction is expected to be valued at up to US$2,000 million

Scope

- The report explores the rationale for ONGC's rumored plan to acquire 25-30% stakes in four onshore blocks in the Niger Delta from SEEPCO
- The report also presents potential reasons for SEEPCO to consider divestment of stake in its blocks
- Geography Covered - Nigeria

Reasons to Get This Report

- To understand rationale for ONGC's rumored plan to acquire 25-30% stake in four onshore blocks in the Niger Delta from SEEPCO
- To understand the plans of Sandesara, the parent company of SEEPCO, to rope in a strategic partner to increase its oil production in Nigeria

View Full Report Details and Table of Contents

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Energy research reports at Fast Market Research

You may also be interested in these related reports:

- Oil and Natural Gas Corporation Limited (ONGC) - Oil & Gas - Deals and Alliances Profile
- ONGC Videsh Limited - Oil & Gas - Deals and Alliances Profile
- Royal Dutch Shell plc (RDSA) - Oil & Gas - Deals and Alliances Profile
- Cairn Energy PLC Analysis Across the Oil and Gas Value Chain Report
- BP p.l.c. (BP.) - Oil & Gas - Deals and Alliances Profile
- Petroliam Nasional Berhad - Oil & Gas - Deals and Alliances Profile
- ECOPETROL S.A. (ECOPETROL) - Oil & Gas - Deals and Alliances Profile
- Oil India Limited Analysis Across the Oil and Gas Value Chain Report
- Indian Oil Corporation Limited Analysis Across the Oil and Gas Value Chain Report
- Oil and Natural Gas Corporation Limited Analysis Across the Oil and Gas Value Chain Report