ONGC Videsh (OVL)

Energy
India
ONGC Videsh

ONGC Videsh is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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ONGC Videsh is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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ONGC Videsh is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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ONGC Videsh is listed on the January 2019 Entities prohibited from Contracting with Public Entities in California list.

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"ONGC Videsh, the overseas arm of government-owned ONGC, has signed a cooperation agreement with Iran’s IDRO Oil to jointly bid for a $900 million development plan of Susangerd oilfield in southwest Iran, Islamic Republic News Agency (IRNA) reported on Tuesday." (March 7, 2018)

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"ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has signed a pact with Iran’s IDRO Oil to jointly bid for a USD 1 billion contract for development of Susangerd oilfield in southern Iran." (March 2018). Subsidiary of ONGC. 

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In 2017 the U.S. states of Alaska, Florida, Rhode Island, South Carolina, Tennessee, Texas listed ONGCon its list of companies doing material business with Iran rendering ONGC ineligible for investment and/or state contracting.

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In 2018 the U.S. state of Ohio listed ONGC as an Iran restricted company rendering ONGC ineligible for investment and/or state contracting.