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AlwaysFree: ExxonMobil, ONGC to Cooperate in India

Author: SSESSMENTS

ExxonMobil Corp. and Oil & Natural Gas Corp. (ONGC) have signed a memorandum of understanding (MOU) addressing exploration and development in India.


According to ONGC, “The agreement will enable the two petroleum companies to undertake joint technical studies and cooperate in frontier areas like deep water and other petroleum exploration license blocks of ONGC in India and in open-acreage bidding.”


The MOU will have three phases, which will lead to a joint technical study for potential collaborations.








Tags: AlwaysFree,Crude Oil,EN ALWAYSFREE,English,Gas,India,Indian Subcontinent (ISC),Technology ExxonMobil Corp.,India’s petroleum exploration and development,Oil & Natural Gas Corp. (ONGC)

Published on October 18, 2019 2:56 AM (GMT+8)
Last Updated on December 30, 2019 7:09 PM (GMT+8)