Alliance Of Indian OVL and MOL

Two energetics companies concluded an alliance to be stronger in concession tenders

Oil and Natural Gas Corp. Videsh, Indian state energy company allianced with the Hungarian MOL. Alliance the two companies made will easily be applied to tenders for concessions on oil and gas fields.

They already announced mutual participation in a tender in the Commonwealth of Independent States. Also they founded a mutual team for research which will the do initial researches in areas of great importance for both companies, the Poslovni dnevnik writes.