Browsing Tag
Mahanadi Offshore Basin
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ONGC turns to Shell for deepwater and LNG opportunities, but when does the MoU become real investment?
Oil and Natural Gas Corporation Limited and Shell Energy India are evaluating joint deepwater exploration, farm-in opportunities and LNG sourcing as India opens more offshore acreage. The strategic fit is clear, but no block, drilling budget, LNG volume or investment commitment has yet been agreed.