The drums may be beating in far away
VB (Brasil) Petroleo Pvt Ltd, the 50:50 joint venture between Videocon and Bharat Petroleum Corp (BPCL), holds 25% working interest in the block. US-based Anadarko Petroleum Corp owns 30% and is the operator, while Devon Energy Corp holds a 25% interest and SK do
The Videocon-BPCL JV acquired the 25% stake in the block from Canadian firm EnCana Corp at a price of $283 million (over Rs 1,300 crore) in September 2007, two months before oil was discovered in Wahoo by Brazilian state-owned firm Petrobras.
The 800 km X 200 km marine pre-salt belt is expected to hold as much as 150 billion barrels of oil, second only to
Company Name | CMP |
---|---|
Dixon Technologies | 7510.60 |
Honeywell Automation | 44244.95 |
MIRC Electronics | 20.46 |
Elin Electronics | 171.05 |
Safa Systems & Techn | 12.00 |
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