Oil India Limited signs MoU with University of Houston
Posted on:06 Oct 2016 18:00:42
Free Current Affairs to Your Email
06 October 2016 Current Affairs: Oil India Limited (OIL) has signed Memorandum of Understanding (MoU) with the University of Houston (USA), one of the leading universities on oil and gas of the world on 5 October 2016.
The MoU was signed by OIL with an intent of augmenting its reserves base and maximising recovery from its aging oilfields.
Highlights of the MoU : It is focused to collaborate in the fields of Improved Oil Recovery & Enhanced Oil Recovery for production enhancement from matured fields & reservoir characterisation studies.
It will help OIL to further consolidate and upgrade the various initiatives the Company has undertaken to improve production and contribute significantly to the energy security of the country.
It will also contribute towards national obligation as set by Prime Minister to reduce import dependency of oil and gas by 10% by 2022.
FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.