Bhubaneswar, Sept. 14 -- ONGC Videsh Limited (OVL) is stepping up its global expansion drive, scouting for new oil and gas assets and seeking to scale up production from existing overseas projects to strengthen India's energy security amid robust economic growth.
OVL Managing Director and CEO Rajarshi Gupta said the company was aggressively pursuing opportunities abroad and was confident of securing more global assets as India's standing in the international market grows.
Gupta, who was in Odisha to receive the Distinguished Alumni Award at his alma mater's 24th convocation, said OVL was currently looking to expand its overseas portfolio. "At any point of time we are looking for new opportunities and currently we are looking to expand. Th...