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ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray Originally, ONGC Videsh, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), was interested in buying out half of the stakes that Tullow, Africa Oil Corp and TotalEnergies SE held in the Lokichar oilfield in Kenya.

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