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


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...