ONGC Videsh signs MoU with Ecuador.

ONGC Videsh Ltd. (OVL), the overseas arm of state-run explorer Oil and Natural Gas Corp, has signed a memorandum of understanding with Ecuador for cooperation in identification and possible exploration of oil and gas.

According to the pact, the Coordinating Ministry for Strategic Sectors of Ecuador will make available information regarding oil and gas projects in Ecuador to OVL.

HBL