M&A

ONGC eyeing Woodside's stake in Senegal oil field

Mint  

Listed PSU firm, Oil & Natural Gas Corp. (ONGC), is exploring a purchase of a 20-40% stake in the $4 billion-plus Sangomar oil project off the coast of Senegal from Woodside Petroleum Ltd. Australia-based Woodside is being advised by Jefferies on the sale.

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