India's ONGC says US plans hit by Iran, Sudan exposure

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ONGC has been in talks with U.S. company ConocoPhillips (COP.N) about cooperation on shale gas. ONGC is also considering a bid for part of ConocoPhillips' Canadian oil sands holdings worth about $5 billion, a source with direct knowledge of the situation told Reuters in June.

ONGC has exploration rights on a block offshore Iran and its overseas arm, ONGC Videsh, is part of a consortium operating in Sudan.

(Reporting by Nidhi Verma)

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