New Delhi, July 17 -- State-run Oil and Natural Gas Corp. Ltd (ONGC) on Thursday signed a memorandum of understanding (MoU) with global energy major bp to collaborate on drilling stratigraphic wells in four offshore sedimentary basins in India-Andamans, Mahanadi, Saurashtra and Bengal.

The MoU was signed during the second edition of Urja Varta 2025, a conclave on upstream oil and gas sectors organized by the Directorate General of Hydrocarbons.

A stratigraphic well is drilled specifically to obtain geological information rather than for oil or gas production.

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"ONGC has signed a strategic Memorandum of Understanding (MoU) with bp_plc on 17 July 202...