YPF enters upstream agreement with ONGC Videsh

Feb. 9, 2023

The agreement covers a cooperation between the two companies in the energy sector, including exploration and development of upstream oil and gas opportunities and research/training centers.

Related To: Oil and Natural Gas Corp. Ltd. (ONGC)

Offshore staff

BANGALORE, India — ONGC Videsh, ONGC’s overseas division, has signed a memorandum of understanding (MoU) with Argentina’s YPF during the Energy Week 2023 conference in Bangalore.

The MoU covers a cooperation between the two companies in the energy sector, including exploration and development of upstream oil and gas opportunities and research/training centers.

ONGC said it was also in talks with various major oil companies, service groups and others concerning deepwater exploration offshore India and related technologies.

Parties involved include Exxon Mobil, Equinor, Baker Hughes and IFP Energies Nouvelles.

02.09.2023