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VERIFIEDET Finance·neutral
ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing
AI Summary
- ·ONGC and Shell Energy India have signed a non-binding agreement to explore deepwater and ultra-deepwater oil and gas opportunities.
- ·The companies will also assess potential liquefied natural gas sourcing options.
- ·This collaboration aims to enhance India's energy security and domestic resource development.