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NEWS & VIEWS
Sudan Oil Field
ONGC Videsh set to acquire 25% stake


BUSINESS STANDARD

Petronas of Malaysia and CNPC of China have cleared the way for India's ONGC Videsh to acquire Canadian Talisman Energy's 25 per cent stake in a Sudan oil field for $720 million. "Petronas and CNPC signed on Sunday an agreement with the government of Sudan waiving off their pre-emption right," an informed source said.




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