Bloomberg | Indians Pay $600 Million for Stake in Abu Dhabi Oil Concession Bloomberg The Indian consortium is comprised of ONGC's wholly owned subsidiary ONGC Videsh, Indian Oil Corp., and Bharat PetroResources, which is a 100 percent subsidiary of Bharat Petroleum Corp., according to the Adnoc statement. Adnoc Offshore, a subsidiary ... Abu Dhabi awards offshore oil concession to India's ONGC India ONGC-led group gets stake in ADNOC offshore oil concession ONGC acquires 10 per cent stake in UAE's oil offshore concession |