Oil India and TotalEnergies Sign Deepwater Exploration Agreement
Filing Summary
Oil India Limited (OIL) and TotalEnergies have entered into a “Technology Service Agreement” on November 19, 2025, in New Delhi. This agreement focuses on strategic collaboration for exploration activities in deep and ultra-deepwater offshore areas of Indian sedimentary basins. The collaboration includes exploration in OIL’s OALP-IX ultra-deepwater blocks in the Mahanadi and Krishna-Godavari basins and the ongoing appraisal program in the Andaman Basin. The agreement aims to leverage TotalEnergies’ expertise in deepwater exploration across OIL’s offshore portfolio.
On November 19, 2025, Oil India Limited (OIL) and TotalEnergies signed a “Technology Service Agreement” in New Delhi. The agreement was executed to enhance strategic collaboration for exploration activities in deep and ultra-deepwater offshore frontiers of Indian sedimentary basins. The signing ceremony was attended by Sh Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas, and other dignitaries.
The agreement establishes a framework to utilize TotalEnergies’ expertise in the deep and ultra-deepwater exploration value chain across OIL’s current and future offshore portfolio. It includes the ongoing appraisal program of a gas find in the shallow offshore blocks in the Andaman Basin. Additionally, it covers exploration in OIL’s OALP-IX ultra-deepwater blocks in the Mahanadi and Krishna-Godavari basins.
The collaboration also involves evaluating opportunities under ongoing OALP X and future bid rounds. It provides support during the stratigraphic well drilling initiative in offshore Category-II and III basins. This agreement marks a significant step in OIL’s exploration efforts in offshore frontiers.
TotalEnergies is a global energy company with a focus on sustainable energy solutions. It is involved in various sectors including oil, gas, and renewables, and aims to leverage its expertise in deepwater exploration to support OIL’s offshore initiatives.
Oil India Limited is a leading Indian oil and gas company engaged in the exploration, development, and production of crude oil and natural gas. The company is focused on expanding its exploration activities in offshore areas to enhance energy security and contribute to India’s sustainable energy future.