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Oil India, Engineers India enter into Memorandum of Agreement

17 Feb 2023 Evaluate

Oil India and Engineers India (EIL) have inked a Memorandum of Agreement (MoA) on February 14, 2023. It is envisaged that through the MoA, Oil India will engage EIL to carry out niche technological studies and feasibility reports for the Upstream, Midstream and the Downstream value chain including HSE aspects pertaining to statutory and regulatory compliances.

Oil India (OIL), a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Peers
Company Name CMP
ONGC 223.15
Oil India 446.00
Jindal Drilling&Inds 585.05
Deep Industries 740.70
Asian Energy Service 462.05
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