Oil and Natural Gas Corporation (ONGC) has signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil for deepwater exploration in India s East and West coasts. The collaboration areas focus on the Krishna Godavari and Cauvery Basins in the eastern offshore and the Kutch-Mumbai region in the western offshore.
"Collaboration between ONGC and ExxonMobil will be a strategic fit where ONGC’s knowledge and past experience in these areas will be coupled with ExxonMobil’s global insights," ONGC stated.
The public sector Oil and Natural Gas Corporation (ONGC) signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil for deepwater exploration on theEast and West coasts of India here today.
- ONGC inks Heads of Agreement with euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.