Credit rating agency, Fitch Ratings has reaffirmed the credit rating for Oil India as ‘BBB-‘ with Stable Outlook.
Oil India is engaged in exploration, development, production and transportation of crude oil and petroleum products. The company also provides consultation and technical services in pipeline construction projects such as the construction of cross country petroleum pipelines, design, detailed and residual engineering studies for pipelines, pump stations and terminals, tank farms and drilling services etc.