Category : Business and economicsPublished on: March 01 2024
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Oil India Limited (OIL) is organizing its debut global partner roadshow, themed “Confluence: Where Energy and Opportunity Converge,” in Abu Dhabi, UAE on February 28th, 2024, signaling a significant milestone for the company's international expansion efforts.
With ambitious targets of 4 million metric tonnes of oil and 5 billion cubic meters of gas annually by 2026, alongside a revenue goal of $12 billion by 2030, OIL plans to invest $4.8 billion in enhanced exploration, field development, and offshore operations in India.
The roadshow aims to showcase OIL's procurement strategies, attract collaborations with energy sector leaders, streamline partner onboarding processes, and explore new business ventures, prioritizing innovation, sustainability, and strategic partnerships to set industry standards globally.
