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Oil India Ltd Signs Strategic Agreement with TotalEnergies to Boost Deepwater Exploration

Newsmantra — Thu, 20 Nov 2025 07:03:13 +0000

NEW DELHI. l India Limited (OIL) and TotalEnergies have signed a Technology Service Agreement to enhance strategic collaboration in exploration activities across deep and ultra-deepwater offshore frontiers of Indian sedimentary basins. The agreement, signed in the presence of Shri Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas, and senior officials, aims to leverage TotalEnergies’ expertise in deepwater exploration for OIL’s current and future offshore projects. It covers ongoing appraisal of a gas discovery in the Andaman Basin, exploration in OIL’s OALP-IX ultra-deepwater blocks in the Mahanadi and Krishna-Godavari Basins, and evaluation of opportunities in upcoming bid rounds, including stratigraphic well drilling in offshore Category-II and III basins. This strategic partnership signifies a major milestone in OIL’s pursuit of offshore exploration, reinforcing its commitment to hydrocarbon discovery and securing India’s sustainable energy future.

Ankur Baruah appointed as Director (HR) at Oil India Ltd

Newsmantra — Thu, 17 Apr 2025 06:55:19 +0000

Govt of India has approved the appointment of Shri Ankur Baruah, Executive Director, Oil lndia Limited (OIL) to the post of Director (Human Resources), OIL with effect from the date of assumption of charge of the post till the date of his superannuation.

KABIL and Oil India Limited sign MoU

Newsmantra — Thu, 29 Aug 2024 07:22:41 +0000

An MoU was signed between KABIL and Oil India Ltd. at NALCO’s Corporate Headquarters in Bhubaneswar today. The MoU was signed by Shri Sadashiv Samantray, Director (Commercial), NALCO & CEO, KABIL and Shri Ranjan Goswami, ED(BD), OIL in the presence of Shri Sridhar Patra, CMD, NALCO and Chairman, KABIL and other senior officials of NALCO, KABIL and OIL.

The MoU has been signed with the objective to collaborate, in existing and future projects of KABIL with the aim of strengthening and fostering connections in the exploration and exploitation of critical minerals. The collaborative efforts and joint initiatives would be directed towards finding international critical mineral opportunities, comprehensive due-diligence of potential critical mineral opportunities and to co-invest in potential critical mineral projects.

Shri Sridhar Patra, CMD, NALCO and Chairman, KABIL said that this MoU opens a new chapter in the progress of KABIL, because the strengths of KABIL and OIL will synergise for opening new vistas in critical minerals exploration and exploitation in the country and abroad thereby taking a step forward in our journey of “Atma Nirbhar Bharat” and mineral securitization of the nation