ONGC had withdrawn from Libya in 2011ONGC scrambling to restart Libya operations, scale up in VenezuelaBy Pratyaksh Srivastava 03:40 pm Feb 09, 202403:40 pmWhat's the story India's Oil and Natural Gas Corporation (ONGC) is in talks to restart operations in Libya and boost production in Venezuela, according to Sushma Rawat, ONGC's Director of Exploration. Next ArticleHistoryONGC and Oil India's history in Libya, VenezuelaONGC is working on increasing production in Venezuela, with Rawat stating, "Once it gets started for Oil India, same applies to us. Similarly, Oil India is discussing plans to ramp up production in Venezuela. StatsONGC may report decline in net profit in Q3Meanwhile, it is reported that the net profit of ONGC might dip in the third quarter. ONGC is estimated to register a net profit of Rs.

Source: Libya Today February 09, 2024 10:15 UTC