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deal between ONGC and Conoco

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The biggest oil explorer of India, ONGC or Oil and Natural Gas Corporation, is all set to buy the Kashagan oilfield of Conoco as reports recently unveiled. The deal between ONGC and Conoco for its 8.4 percent stake of the Kashagan project of Kazakhstan has been settled for somewhere around $5 billion or £3.1billion.

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