Indian consortium eyes stake in Russian Arctic oilfield

Oil India Limited (OIL), Indian Oil Corp (IOC) and Bharat PetroResources Ltd (a unit of Bharat Petroleum Corp Ltd or BPCL) is looking at buying a stake in Suzunskoye, Tagulskoye and Lodochnoye fields - collectively known as Vankor Culster, sources privy to the development said.

Indian consortium eyes stake in Russian Arctic oilfield
A consortium led by Oil India Ltd is eyeing up to 49% stake in Russia's Vankor cluster oilfields. Photo: Pixabay

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