Global Presence
Mozambique
( Development Asset )
1. Area 1 (4%) 4,977 km2
Nigeria
( Development Asset )
1. OML 142 (17.5%) 1,295 km2
Libya
( Exploratory Asset )
1. Area 95/96 (25%) 6,629 km2
Russia
( Producing Asset )
1. JSC Vankorneft (8.0065%) 1,869 km2
2. LLC TYNGD (10.0165%) 1,424 km2
Russia
( Producing Asset )
1. JSC Vankorneft (8.0065%) 1,869 km2
2. LLC TYNGD (10.0165%) 1,424 km2
Total Number of Countries : 7
Total Number of Projects : 10
Total Area : 39,624 Sq.Km.
2P Reserves
Overseas Oil and Gas Production
Acquisition of overseas exploration blocks and oil & gas properties is a strategic focus area of OIL. In alliance with various Indian oil and gas PSUs and reputed international oil and gas companies, OIL has been actively pursuing opportunities to acquire Overseas E&P assets. The Company’s overseas E & P portfolio comprises of 6 assets spread over 5 countries covering Libya, Nigeria, Venezuela, Mozambique, and Russia. The portfolio includes 3 (four) producing assets spread across Russia (2) & Venezuela (1). Two Development assets, one each in Mozambique and Nigeria. One exploratory asset in Libya.
