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OIL and EIL Sign Memorandum of Agreement

OIL Reports 10% Growth in PAT over Highest Ever Production in FY 25

New Delhi February 16, 2023: Pursuant to the long-standing relationship, Oil India Limited and Engineers India limited 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.

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The MoA was signed in presence of C&MD OIL, Dr. Ranjit Rath and C&MD EIL, Vartika Shukla by Director (Operations) OIL, Pankaj Kumar Goswami and Director (Commercial) EIL, Atul Gupta at OIL’s Corporate Office in Noida in the company of other functional directors and senior officials of OIL & EIL.