Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Oil India Limited, India's oldest exploration and production company, is making bold moves with its first-ever global partner roadshow, "Confluence: Where Energy and Opportunity Converge." This event, scheduled for 28th February 2024 in Abu Dhabi, UAE, demonstrates OIL's commitment to growth and international collaboration. The company has ambitious production targets, aiming for 4 MMT oil and 5 BCM gas annual production by FY26, with a revenue goal of 12 Billion USD by 2030. To achieve this, OIL plans to invest 4.8 Billion USD in exploration, field development, and production. OIL also aims to expand aggressively offshore in Indian regions.
The roadshow will feature the Chairman and Managing Director of OIL, along with other senior officials, and will outline OIL's procurement strategies for the next one to five years. This platform offers partners the opportunity to engage, ideate, and expedite the onboarding process. It also emphasises OIL's focus on building strong relationships to explore new business opportunities. The event expects to draw over 50 leading companies from the energy services industry.
This event is expected to be a landmark moment, potentially transforming global energy cooperation. OIL aims to lead innovation, sustainability, and strategic alliances, setting new industry standards through global collaboration.
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