LNG

India’s Oil and Natural Gas Corp (ONGC) and Shell Energy India have signed a non-binding memorandum of understanding (MoU) to explore joint opportunities in deepwater oil and gas exploration, plus LNG sourcing. The agreement covers potential collaboration across India’s energy sector, including joint participation in deepwater and ultra-deepwater offshore blocks offered under the government’s Open Acreage Licensing Policy (OALP), as well as future bidding rounds.

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