Epic Research Update : ONGC

Oil and Natural Gas Corporation’s (ONGC) – overseas arm – ONGC Videsh (OVL) and Pemex-Exploracion Y Produccion (PEP), the upstream

subsidiary of Pemex, the National Oil Company of Mexico, have entered into a Memorandum of Understanding and Cooperation (MOU) on September 25, 2014 to cooperate in the hydrocarbon sector in Mexico.

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