ONGC, the country’s largest oil and gas producer, is eyeing new energy blocks in Ghana, in a bid to expand it presence in the African continent.
ONGC Videsh (OVL), ONGC’s foreign investment arm, is in talks with Ghana’s national oil company to bid for Kosmos Energy’s stake in the giant offshore Jubilee field of the region.
Dallas-based Kosmos Energy focused on Africa, holds a 30.8 per cent stake in the Jubilee oil block, one of the biggest oil blocks in Africa.
| NIFTY 
