ONGC Videsh and Indian Oil Corporation are reportedly in talks to acquire a stake in a project of Tullow Oil Plc in Kenya worth $3.4 billion, Bloomberg reported citing informed sources.
The transaction’s value may range between $2 billion and $3 billion, the sources said on the condition of anonymity since the talks are reportedly private.
The Indian state-backed companies will be come the project's joint operators once the deal is finalised, the Bloomberg report said citing the sources.
Aalok Mehta suggested India’s linguistic diversity and key sectors such as agriculture, health, and education could be areas where AI can be deployed.Eastern Eye
