OVL will raise its participation share in Vankorneft to 26 per cent
ONGC, Oil India, Indian Oil Corp and Bharat Petroleum will collectively own a 49.9% stake in Rosneft's Vankor field
Combine's move to buy 24% in the oilfield mars OVL's chance of beating down the price for additional 11% in the same field
OVL seeks to explore joint marketing of its crude portfolio by leveraging SOCAR's experience in oil trading
OVL signed a MoU envisaging its stake going up in the Siberian oilfield to 26% by paying an additional $925 million