State-run Oil and Natural Gas Corporation (ONGC) has signed an initial pact with global petroleum giant ExxonMobil for deep-water 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 partnership,” ONGC said in a statement.
