BPCL#39;s Mozambique deal under govt scanner; yet to get investment nod: Sources

Bharat PetroResources Ltd (BPRL), an exploration and production subsidiary of BPCL, had in August 2008 bought a 10 per cent stake in Area-1 Offshore of the Rovuma Block from the US energy major Anadarko Petroleum Corp for USD 75 million. That same month Videocon through its subsidiary acquired a 10 per cent stake in the same block for an equivalent block.

from Moneycontrol Business News https://ift.tt/2qLYGrv