Oil & Gas

Oil India, TotalEnergies join hands to boost deepwater exploration in Indian offshore

Oil India Limited (OIL) and TotalEnergies inked a “Technology Service Agreement” on Wednesday here in the national capital to strengthen strategic collaboration for exploration activities in deep and ultra-deepwater offshore frontiers of Indian sedimentary basins, including the stratigraphic wells as mandated by the Indian government.

Exxon and Abu Dhabi Oil Eye Lukoil’s $22B Global Assets Ahead of Sanctions

Exxon Mobil and Abu Dhabi National Oil Co. are among several companies showing interest in acquiring international assets of the sanctioned Russian oil company Lukoil, Bloomberg reported. Reuters confirmed that Exxon is actively exploring options as well. Earlier, US energy giant Chevron and the investment firm Carlyle Group had already expressed interest in Lukoil’s overseas operations. While some potential buyers are reportedly […]