ONGC Videsh Ltd., New Delhi, has completed its acquisition of Hess Corp.’s 2.7213% interest in the Azeri, Chirag, and deepwater Guneshli fields in the Caspian Sea offshore Azerbaijan and a 2.36% interest in the Baku-Tbilisi-Ceyhan Pipeline.
The companies signed definitive agreements for the transaction last September (OGJ Online, Sept. 7, 2012).
