Which one among the following is the oil exploration and production co

Which one among the following is the oil exploration and production company operated in Siberia and owned by the ONGC ?

Venture Production

Regal Petroleum

Enterprise Oil

Imperial Energy

Answer is Right!

Answer is Wrong!

This question was previously asked in

UPSC CAPF – 2011

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The correct answer is Imperial Energy. Imperial Energy is an oil exploration and production company with assets primarily located in Siberia, Russia.

ONGC Videsh Limited (OVL), the overseas arm of the Indian state-owned Oil and Natural Gas Corporation (ONGC), acquired Imperial Energy Plc in January 2009. This acquisition gave OVL significant oil and gas assets in Siberia.

Other options: Venture Production was a UK-based company acquired by Centrica. Regal Petroleum is an oil and gas company focused on Ukraine. Enterprise Oil was a UK-based company acquired by Shell. None of these were operating extensively in Siberia under ONGC ownership.

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