![ONGC and Oil India are in discussions for a 50% interest in the $3.4 billion Chinese company enters conflict over Kenyan oilfield](https://market-tracker.in/wp-content/uploads/2023/05/4q1m808o_ongc_120x90_27_May_22-scaled-1.jpg)
ONGC and Oil India are in discussions for a 50% interest in the $3.4 billion Chinese company enters conflict over Kenyan oilfield
In order to replace a reticent IndianOil (IOC) for the potential purchase of a 50% stake in Tullow Oil Plc’s USD 3.4 billion oilfield project in Kenya, India’s leading international oil company ONGC Videsh has found a new partner in Oil India Ltd. However, the aggressive Chinese energy giant Sinopec has entered the fight and…