Exploration

Asian state-owned players exit two offshore exploration assets

ONGC Videsh and Oil India announced respective exits from SS-04 AND SS-09 assets after state-owned Petrobangla invoked their bank guarantees

Volunteers form a large flag of Bangladesh during national celebrations in the capital city Dhaka.
Volunteers form a large flag of Bangladesh during national celebrations in the capital city Dhaka.Photo: REUTERS/SCANPIX
Middle East and South Asia EditorNew Delhi
Published 19 August 2025, 02:14Updated 19 August 2025, 02:14
ONGCONGC VideshOil IndiaBangladeshPetrobangla