Oil India Limited (OIL) is gearing up for its first-ever global partner roadshow, “Confluence: Where Energy and Opportunity Converge,” set to be held on 28th February in Abu Dhabi. The event aims to attract over 50 leading companies from the energy services industry, showcasing OIL’s commitment to growth and international collaboration.
The Ministry of Petroleum and Natural Gas revealed OIL’s ambitious production targets of 4 MMT oil and 5 BCM gas annually by 2025-26. With a revenue goal of 12 billion USD by 2030, the company plans to invest 4.8 billion USD in exploration, field development, and production acceleration. OIL also eyes expansion in offshore Indian regions.
The roadshow will feature OIL’s Chairman and Managing Director, along with senior officials, outlining procurement strategies for the next one to five years. This event is crucial for partners to engage, ideate, and expedite the onboarding process, emphasizing OIL’s focus on fostering strong relationships to explore new business opportunities in the energy industry.
According to OIL, the roadshow will focus on innovation, sustainability, and strategic alliances, aiming to set new industry standards through global collaborative efforts. The event is a significant step towards OIL’s aggressive growth plans and international partnerships, showcasing its commitment to excellence in the energy sector.
