India Creates Memorandum of Understanding with Norwegian Clean Energy – Norwegian News – Latest News, Latest News, Comments – Norwegian News

On Tuesday, the Oil and Natural Gas Corporation (ONGC) signed a memorandum of understanding (MoU) with Equinor ASA, a Norwegian state-owned multinational energy company in New Delhi, on cooperation and partnerships in the areas of exploration and production and clean energy options. bottom.

The MoU was signed when a high-level Norwegian delegation visited India.

According to an official statement, Federal Minister of Oil and Natural Gas Haldeep Singh Puri, Norwegian Foreign Minister Aniken Whitfeld, Dr. Arca Mittal of ONGC CMD, and Vice President Irene Rummelhoff were present.

Equinor is the leading operator of the Norwegian continental shelf and is located in approximately 30 countries around the world.

Under the agreement, ONGC and Equinor will explore additional options for low carbon fuels, renewable energy, carbon capture and storage (CCS), and carbon, as well as upstream oil and gas, midstream, marketing, and trading areas. Cooperate with each other. The statement seizes the opportunity for use and quarantine (CCUS) in India.

The memorandum was valid for two years, under which the two companies agreed to work together in specific areas, the statement further stated. (ANI)