#1
September 28th, 2016, 08:12 AM
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IOCL Upstream
Hi I want to know that is the IndianOil Corporation IOCL is working in the upstream also so I can have an idea for the same??
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#2
September 28th, 2016, 08:36 AM
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Re: IOCL Upstream
Well the IndianOil Corporation Ltd is India's largest commercial enterprise. To enhance upstream integration, IndianOil has been pursuing exploration & production activities both within and outside the country in collaboration with consortium partners. The overseas portfolio includes seven blocks spanning USA, Libya, Gabon, Nigeria, Yemen, Canada and Venezuela. The Corporation has three producing assets, viz., Niobrara Shale Project (USA), Pacific Northwest LNG Project (Canada) and Carabobo Project (Venezuela). The cumulative total investment in the domestic assets stands at US$ 353.80 Million (equivalent to 1849.63 crore), and a sum of US$ 1,572.98 Million (equivalent to 9200.37 crore) has been invested in overseas projects. IndianOil shall overcome all the challenges as it has been consistently doing in the past, and scale up its operations to capitalise on all opportunities and realise its corporate vision. Contact Details R. K. Mittal IndianOil Corporation Ltd Executive Director (Exploration & Production) IndianOil Bhavan, No. 1, Sri Aurobindo Marg, Yusuf Sarai, New Delhi 110016 Tel: 011-26512623 Email:mittalrk@indianoil.in |
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