Shirish Nadkarni
OGJ Correspondent
MUMBAI, Feb. 18 — India’s Oil & Natural Gas Corp. (ONGC) and Royal Dutch Shell PLC recently revised their joint participation memorandum of understanding for projects to be auctioned in the forthcoming seventh round of India’s New Exploration Licensing Policy VII (NELP VII).
The original MOU was aimed at cooperation in field optimization using Shell’s proprietary enhanced recovery technology and in other areas such as LNG importation, development of coal bed methane, underground and surface coal gasification projects, refinery upgrades, and trading and development of supply chains.