“ We want to take advantage of prevailing market conditions and go for both corporate as well as asset acquisitions,” Dinesh K Sarraf, Chairman & Managing Director of ONGC added.
ONGC is reportedly planning for overseas corporate acquisitions to strengthen its global presence.
“ We want to take advantage of prevailing market conditions and go for both corporate as well as asset acquisitions,” Dinesh K Sarraf, Chairman & Managing Director of ONGC added.
A report said that the company is looking at entities which have multiple oil and gas assets.
The acquisitions will help ONGC meet blue print of raising overseas output in phases, report says.
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