Oil India partners with TotalEnergies for offshore exploration in India
New Delhi: State-run Oil India Ltd (OIL) and French energy major TotalEnergies have joined hands for the exploration of deep and ultra-deepwater offshore basins in the country.
In a statement on Wednesday, Oil India said that the partnership would involve exploration in the ultra-deep water blocks in the Mahanadi and Krishna-Godavari Basin won by Oil India under the ninth round of bidding under the Open Acreage Licensing Policy (OALP), along with evaluation of opportunities under the ongoing tenth round and bids in the future.
