New Delhi: Fifteen Years after Leaving, Petrobras appears to be trying to find its way back to India. The Brazilian State-R Major on Wednsday Signed Mous With Oil India Ltd and ONGC VIDESH Ltd for collaboration in Explocation and Production and a Crude Supply Contract with Bharat Petroleum,
“Oil India and petrobras will jointly explore options in India's Deep and Ultradeep offshore regions, include the mahanadi, andaman, and other sedmentary basins,” Oil India said.
The deal with ONGC VIDESH is “AIMED At Assessing Opportunities in the Areas of Upstream, Marketing, Decarbonisation and Low-Carbon Solutions”.
BPCL's Contract Envisages Petrobras Supplying Crude for a Year, with the option to extend the period by another year. The Indian State-Run Refiner and Fuel Retailer did not give any detail of the quantity of contracted supply.
Petrobras, which is considered as the world's largest deepwater oil producer, Had in 2010 Exited OGC's 98/2 Block in the Krishna-GADAVARI BASIN OFF THE Andhra Coast, Saying Resources to Devolop PWATER Discovery that is Considered Among the largest in The world.
(Tagstotranslate) petrobras
Leave a Reply