ONGC Videsh Limited (OVL) is the international subsidiary of Oil and Natural Gas Corporation Limited (ONGC), established in 1965. The company is responsible for exploring, developing, and producing oil and gas resources outside India. OVL plays a crucial role in expanding ONGC’s global presence and securing energy resources from international markets to ensure a stable and diverse supply of hydrocarbons for India.

OVL's operations span several continents, with interests in over 20 countries across Africa, the Middle East, South America, Southeast Asia, and Russia. The company engages in a range of activities including exploration and drilling, development of oil and gas fields, and production operations. By acquiring and managing assets in various countries, OVL helps to mitigate risks associated with reliance on domestic resources and contributes to India's energy security.

The company’s strategy focuses on forming partnerships and joint ventures with local and international entities to leverage their expertise and resources. This collaborative approach helps OVL to navigate the complexities of international oil and gas markets and enhance the efficiency of its operations. OVL also invests in technological innovation and research to optimize production processes and maintain high standards of environmental and operational safety.

OVL’s global operations not only support India's energy requirements but also contribute to strengthening international ties and fostering economic growth in host countries. Through its strategic investments and international collaborations, OVL plays a significant role in enhancing ONGC's global footprint and advancing India's position in the global energy market.