In which country, ONGC Videsh Limited (OVL) has made an oil discovery in June 2022?

  1. Venezuela
  2. Colombia
  3. Sri Lanka
  4. Bangladesh

Answer (Detailed Solution Below)

Option 2 : Colombia
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Detailed Solution

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The correct answer is Colombia.

Key Points

  • ONGC Videsh Limited (OVL) has made an oil discovery in the recently drilled well, Urraca-IX, in the CPO-5 block, Llanos Basin, Colombia.
  • Block CPO-5 was awarded to OVL in the 2008 bid round of Colombia.
  • ONGC Videsh Limited is a wholly-owned subsidiary and overseas arm of Oil and Natural Gas Corporation Ltd. (ONGC).
  • ONGC Chairman- Arun Kumar Singh

Additional Information

  • ​Colombia, officially the Republic of Colombia, is a country in South America.
  • It is bordered by the Caribbean Sea to the north, Venezuela to the east, Brazil to the southeast, Ecuador and Peru to the south.
  • Colombia:
    • Capital: Bogotá
    • President: Iván Duque Márquez
    • Currency: Colombian peso
    • Continent: South America
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