ONGC signed MoU (Memorandum of Understanding) with US Oil Major ConocoPhillips

Apr 7, 2012, 14:03 IST

Corporate Current Affairs 2012. State-owned ONGC (Oil and Natural Gas Corporation) on 5 April 2012 signed a memorandum of Understanding (MoU) with the US oil major ConocoPhillips to conduct a joint study of shale gas potential in all domestic basins

State-owned ONGC (Oil and Natural Gas Corporation) on 5 April 2012 signed a memorandum of Understanding (MoU) with the US oil major ConocoPhillips to conduct a joint study of shale gas potential in all domestic basins, as well as some global ones owned by ConocoPhillips. The MoU will increase the cooperation between two companies in the areas of gas exploration in India, USA and elsewhere in the world.


ConocoPhillips is a major player in shale gas as well as deep-water exploration. The production at ONGC Videsh Ltd. is decreasing because of political situation in Syria and Sudan.

Jagran Josh
Jagran Josh

Education Desk

    Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

    ... Read More
    Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

    Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

    AndroidIOS

    Trending

    Latest Education News