ONGC, ConocoPhillips to study shale work

By OGJ editors

State-owned Oil & Natural Gas Corp. of India said it has signed a memorandum of understanding with ConocoPhillips for cooperation in international exploration and development of shale resources and, possibly, in deepwater exploration offshore India.

“The companies intend to initiate the cooperation in shale gas exploration through joint studies of opportunities in India, North America, and elsewhere,” ONGC said in a press statement. “In addition, both companies also aim to explore possible cooperation in deepwater areas in eastern offshore of India.”

ONGC said the agreement covers “technical and business cooperation.”

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...