India’s state-controlled Oil & Pure Gasoline Company (ONGC) has signed an settlement with French large TotalEnergies to work collectively on deep-water exploration off India’s east coast.
ONGC stated in a social media put up on Monday it has signed a memorandum of understanding with TotalEnergies “to determine a holistic framework between the 2 for trade of one another’s technical strengths in deep-water offshore, particularly Mahanadi and Andaman”.
ONGC director of exploration Sushma Rawat famous the 2 firms “will collectively consider exploration and growth alternatives to create synergies with native economies”.
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