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Oil India notifies 2 Hydrocarbon Discoveries in the Upper Assam Basin

Public sector undertaking Oil India has notified 2 Hydrocarbon Discoveries in the Upper Assam Basin. The discoveries were made during April in the wells Borbhuibil-1 and Lakwagaon-1. The discoveries have opened up avenue for exploration of already identified leads and prospects in the area. Oil India, a Navratna Company, is ... Read More »

Oil India’s arm raises $500 million via overseas bond sale

Oil India International (Singapore), the wholly owned subsidiary (WOS) of Oil India has priced $500 million fixed rate unsecured notes due 2027. The Notes carry a coupon of 4% per annum payable half yearly and are of tenor of 10 years. The Notes are guaranteed by Oil India. The notes ... Read More »