Indian oil explorer and producer Oil & Natural Gas Corp has signed a Heads of Agreement with global petroleum giant ExxonMobil Corp 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. There has been a scientific exchange of exploration data in the last few years, which has led to this partnershipCollaboration 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
Indian oil explorer and producer Oil & Natural Gas Corp has signed a Heads of Agreement with global petroleum giant ExxonMobil Corp 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. There has been a scientific exchange of exploration data in the last few years, which has led to this partnershipCollaboration 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