Oil India eyes Cauvery Basin for offshore plans

Oil India Ltd (OIL) has set its eyes on the Cauvery Basin to start its first offshore exploration activity as an operator under the NELP regime. OIL is making an entry into this area after almost two decades. The last time OIL had made an attempt in an offshore area was in the eighties.
With this move OIL is set to expand its reach in exploration and production activities.
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Source: The Hindu Business Line