Guwahati: Oil India Limited (OIL) and TotalEnergies on Wednesday signed a Technology Service Agreement in New Delhi to collaborate on deepwater and ultra-deepwater exploration across India’s offshore basins, a move aimed at strengthening the country’s push into frontier energy fields.
The agreement was signed in the presence of Petroleum and Natural Gas Secretary Pankaj Jain, Additional Secretary Praveen Mal Khanooja and OIL Chairman and Managing Director Dr. Ranjit Rath, underscoring strong government backing for the partnership.
Dr. Sangkaran Ratnam, CMD of TotalEnergies Gas & Power Projects India Pvt. Ltd., and Saloma Yomdo, OIL’s Director (Exploration & Development), formalised the agreement on behalf of their organisations.
Under the collaboration, TotalEnergies will provide technical expertise for key offshore projects, including the appraisal of a gas discovery in shallow offshore blocks of the Andaman Basin, exploration in OIL’s ultra-deepwater blocks under OALP-IX in the Mahanadi and Krishna–Godavari basins, and assessment of new opportunities in the upcoming OALP-X and future bid rounds.
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The partnership will also extend to technical support for drilling mandated stratigraphic wells in Category-II and Category-III offshore basins.
OIL said the agreement marks a major boost to its plans to expand exploration in challenging offshore frontiers, adding that TotalEnergies’ global deepwater experience is expected to improve efficiency and enhance the chances of new hydrocarbon finds.
Officials noted that the collaboration aligns with India’s broader effort to tap untapped offshore resources, strengthen energy security and support a more sustainable long-term energy strategy.
