OVL has entered into an agreement with the Republic of Equatorial Guinea for cooperation in the upstream hydrocarbon sector in Africa. Under the MoU, Equatorial Guinea will cooperate with OVL to explore potential investment opportunities within the upstream hydrocarbons sector in the country. OVL already has a presence in Mozambique, Sudan and South Sudan, and is India’s largest international oil and gas exploration and production company with 36 projects in 17 countries including Azerbaijan, Bangladesh, Brazil, Colombia, Iraq, Kazakhstan, Libya, Myanmar, Russia, Syria, Venezuela and Vietnam.
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