Oil India Limited signs Memorandum of Understanding with University of Houston

Oil India Limited signs Memorandum of Understanding with University of Houston
http://pib.nic.in/newsite/PrintRelease.aspx?relid=151457&utm_source=twitterfeed&utm_medium=twitter

The MoU, amongst others, is focused to collaborate in the fields of Improved Oil Recovery & Enhanced Oil Recovery for production enhancement from matured fields, seismic interpretation & reservoir characterisation studies, improvement of drilling and well intervention practices and unconventional hydrocarbon studies. It is envisaged that the collaboration will help OIL to further consolidate and upgrade the various initiatives the Company has undertaken to improve production and contribute significantly to the energy security of the country. This will also contribute towards national obligation as set by Hon’ble Prime Minister to reduce import dependency of oil and gas by 10% by 2022.

It is believed that this collaboration will help OIL to further consolidate and upgrade the various initiatives the company has undertaken to improve production and contribute significantly to the energy security of the country. This will also contribute towards national obligation as set by Prime Minister Modi to reduce import dependency of oil and gas by 10 per cent by 2022.

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