India’s Oil India Limited and Indian Oil Corporation Limited, with partners, discovered oil and gas in Libya’s Ghadames Basin, boosting India’s global energy footprint and supporting efforts to strengthen energy security and reduce crude import dependence
Oil India Limited boosted crude output in Rajasthan’s Thar desert to a record 1,202 barrels per day, driven by advanced recovery techniques, strengthening India’s energy security amid global market uncertainty and rising geopolitical tensions
Engineers India Limited (EIL) which is also a party to the deal, has independently acquired over 3.21 crore equity shares or 4.4 per cent of NRL from BPCL.
