Gulf Oil Corporation Limited (GOCL), a company of Indian conglomerate Hinduja Group, has acquired a 100 per cent stake in US-based Houghton International, a global market leader in metal working fluids, for $1.04 billion.
India's Oil and Natural Gas Corporation (ONGC) and the Hinduja Group will meet again with Iranian firms on developing an oil and a gas field in Iran and downstream projects in India.
Officials from ONGC Videsh, the overseas arm of state-ru
Gulf Oil International Ltd, a Hinduja Group company, along with its joint venture partner the Dabbagh Group in Saudi Arabia, today announced the acquisition of Petromin.
Petromin is a joint venture between Saudi Aramco (71 per cent) and Mo