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Oil India Limited (OIL)


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 Profile

Oil India Limited (OIL), which is a premier Indian National Oil Company, was incorporated in 1959 to expand and develop the newly discovered oil fields of Naharkatiya and Moran in the Indian North East. In 1961, it became a joint venture company between the Indian Government and Burmah Oil Company Limited, UK. In 1981, OIL became a wholly-owned Government of India enterprise.

 Products/Services overview

OIL engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. OIL also provides various E&P related services.

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 Associated Articles

Oil India Makes Two Oil Discoveries in Upper Assam Basin
India to Auction 69 Marginal Fields Owned by ONGC & Oil India
Oil India Joins Sonatrach to Acquire 4 Libian Blocks
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