Oil India to Launch Global Partner Roadshow 'Confluence' in Abu Dhabi
With production targets of 4 million metric tons of oil and 5 billion cubic meters of gas annually by fiscal year 2026, OIL aims to position itself as a major player on the global energy stage.
February 27, 2024. By Abha Rustagi
Scheduled for February 28, in Abu Dhabi, UAE, this landmark event underlines OIL's commitment to aggressive growth and international collaboration in the energy sector.
With production targets of 4 million metric tons (MMT) of oil and 5 billion cubic meters (BCM) of gas annually by fiscal year 2026, OIL aims to position itself as a major player on the global energy stage. Setting a revenue goal of USD 12 billion by 2030, the company plans to invest USD 4.8 billion across various activities, including ramping up exploration efforts, enhancing field development, and expediting production. Furthermore, OIL is poised for aggressive expansion across offshore Indian regions.
The roadshow, to be led by the Chairman and Managing Director of OIL, alongside the Director of Operations and senior officials, will provide a platform to outline OIL's comprehensive procurement strategies for the next one to five years. This event offers an unparalleled opportunity for partners to engage, exchange ideas, and accelerate the partner onboarding process.
Moreover, it underscores OIL's emphasis on fostering strong relationships with partners to explore new business opportunities in the energy industry, expecting participation from over 50 leading companies from the energy services sector.
The focus of the event will be on driving innovation, promoting sustainability, and forging strategic alliances, with OIL aiming to establish new industry benchmarks through collaborative efforts on a global scale.
please contact: contact@energetica-india.net.
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