Indiaâs ONGC Videsh Ltd (OVL), the overseas investment arm of the countryâs top explorer Oil and Natural Gas Corp (ONGC), said on Tuesday it had acquired a 15 percent stake in Namibiaâs offshore Block 2012A from Tullow Oil. OVL executed the deal through its subsidiary ONGC Videsh Vankorneft, it said in a statement. Tullow Namibia had a 25 percent stake in the block in Namibiaâs Petroleum Exploration License area (PEL)0030. Eco Oil and Gas Namibia, with a 32.5 percent stake, is the operator of the block. ONGC Videsh last month bought a 30 percent stake in PEL 0037 from Tullow Oil. Original article link Source: Reuters 
Namibia, not found