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OVL bags two oil, gas blocks in Brazil

NEW DELHI: The overseas arm of Oil and Natural Gas Corporation (ONGC), ONGC Videsh Ltd (OVL), has bagged two oil and gas exploration blocks in Brazil. OVL won deepwater Block 470 in the highly prospective Espirito Santo basin and shallow water Block 1413 in another highly prospective Santos basin, OVL said in a statement here on Wednesday.

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