Oil India Outlines Focus Areas for Growth in AGM

MT Newswires Live09-17 19:37

Oil India (NSE:OIL, BOM:533106) outlined its growth priorities at its recent annual general meeting, according to a Thursday bourse filing.

The areas of focus include higher domestic oil and gas production, expedited exploration including deep and ultra-deepwater opportunities, strengthening of its integrated energy value chain, and selective expansion in clean energy, Chairman Ranjit Rath said.

Rath added that the government's Samudra Manthan - National Offshore Exploration Scheme - and GOBARdhan - National Circular Bioenergy Scheme - will provide policy support in key future business segments for the company.

The company is also boosting its innovation ecosystem through the MC² platform.

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