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Masami Iijima, President and Chief Executive Officer Mitsui & Co., Ltd.

ONGC has announced that an MOU has been signed between Indian Maharatna Public Sector Enterprise ONGC and Japanese Mitsui & Co., Ltd.

The agreement provides for cooperation in exploration and production for conventional and unconventional petroleum and natural gas opportunities in India and in third countries.

The MOU was signed by Masami Iijima, president and CEO of Mitsui & Co., Ltd. and Sudhir Vasudeva, chairman and managing director of ONGC.

The MOU signing ceremony was attended by senior officials from both the companies.

The agreement provides for cooperation in exploration and production for conventional and unconventional petroleum and natural gas opportunities in India and in third countries.