ConocoPhillips to sell its stake in Kashagan to India’s ONGC Videsh Limited
The deal is expected to be finalized in the H1 2013. ConocoPhillips’s proceedings from the sale are expected to reach $5 billion.
ConocoPhillips might exit the Kashagan project: Oil Minister
The Minister elaborated that “no official announcements have been made”.
Indians planning to buy ExxonMobil's stake in Kashagan project
Oil & Natural Gas Corp and GAIL India Ltd. are planning to buy part of ExxonMobil's stake in the project developing Kashagan oil field.