ONGC Videsh is the abroad financial investment arm of India’s leading oil traveler Oil and also Natural Gas Corp.
Mumbai:
Indian power business ONGC Videsh has actually safeguarded a three-year expansion from Vietnam to discover ‘Block 128’ in the South China Sea, it claimed in a message on social messaging system X, previously called Twitter.
Conflicting territorial cases over South China Sea stretch back several years yet have actually heightened in recent times as China and also its competitors have actually strengthened their settings on the rocks and also coral reefs they hold.
“India’s strategic commitment stays strong as ONGC Videsh continues its exploration journey with its 8th extension till 15 June 2026,” the business claimed in its blog post.
Expanding Horizons for #Energy Security #Navratna @ongcvideshltd safeguards expansion of 3 even more years to discover in South China Sea’s Block 128! #India‘s tactical dedication remains solid as #ONGC Videsh proceeds its expedition trip with its 8th expansion till 15 June 2026.
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