Oil India has signed a memorandum of understanding (MoU) with five leading universities of the Northeast to create meaningful industry-academia collaboration. The main objective of the MoU is to boost research and development capabilities in the universities and to enhance the understanding the region's geology.
The company signed the agreement with Gauhati University, Dibrugarh University, Manipur University, Nagaland University, and Rajiv Gandhi University. The academic expertise of these prestigious institutions would support the firm's business activities, while the company's practical competence would aid academic research.
Oil India (OIL), a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.