ONGC Videsh Limited (OVL) is a Navratna Schedule �A� Central Public Sector Enterprise and a wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC). Established under the Indian Companies Act, 1956, OVL focuses on the international exploration, development, and production of oil and gas. It is the second largest petroleum company in India, holding interests in 32 oil and gas assets across 15 countries.

OVL's primary business involves prospecting for oil and gas internationally, including exploration, development, and production of hydrocarbons. The company produced over 7 million metric tonnes of oil and more than 10 million metric tonnes of oil equivalent in FY 2025, significantly contributing to India's domestic production. OVL plays a crucial role in enhancing India�s energy security by securing overseas hydrocarbon resources and advising the government on investment opportunities in exploration and production. Its operations span multiple continents, reflecting a strategic approach to diversifying energy sources for India.