ONGC and Shell Energy India Partner for Deepwater Exploration and LNG Sourcing

ONGC, Shell Energy India sign MoU to explore deepwater blocks, LNG sourcing opportunities

ONGC and Shell Energy India have entered into a memorandum of understanding to collaboratively delve into potential joint ventures. Their focus will be on assessing opportunities in deepwater and ultra-deepwater oil and gas exploration, alongside investigating LNG sourcing alternatives to bolster India's economic framework. This strategic partnership is designed to improve energy accessibility while ensuring long-term energy security for the nation.

By TOI BUSINESS DESK