ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing
· economictimes.indiatimes.com
ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and gas opportunities together. The companies will also assess potential liquefied natural gas sourcing options. This collaboration aims to enhance India's energy security and domestic resource development. The partnership supports India's transition towards a more gas-based economy.
Deepwater exploration in focus
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LNG sourcing another focus
What the MoU means for ONGC, Shell
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