HYDERABAD, FEB 24: Indian Oil Corporation (IOC) is looking at acquiring producing oil fields in India and overseas in agreement with Oil India.
“We will bid for producing fields over $75 million that will enable us to get fast track clearances from the Indian government. At the moment we are actively looking at two to three companies with over $200 million and it will be through a SPV with Oil India,” revealed IOC chairman,Sarthak Behuria, on the sidelines of the 14th International Aviation Conference here on Friday
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