Question

Where is the first-ever global partner roadshow "Confluence: Where Energy and Opportunity Converge" organized by Oil India Limited?

A Mumbai Correct Answer Incorrect Answer
B New Delhi Correct Answer Incorrect Answer
C Abu Dhabi Correct Answer Incorrect Answer
D Kolkata Correct Answer Incorrect Answer
E Bangalore Correct Answer Incorrect Answer

Solution

•     In a fueling display of ambition and strategic foresight, Oil India Limited, India's oldest exploration and production company and the youngest Maharatna CPSE of India, has announced its first-ever global partner roadshow: "Confluence: Where Energy and Opportunity Converge". •     This landmark event is scheduled to take place on 28th February 2024, in Abu Dhabi, UAE. •     This event signals OIL's commitment to aggressive growth and international collaboration. •     OIL has set its sights on ambitious production targets: 4 MMT oil and 5 BCM gas annual production by FY26. With a target to generate 12 Billion USD in revenue by 2030, the company plans to invest 4.8 Billion USD across a range of activities: ramping up exploration efforts, enhancing field development and expediting production. Additionally, OIL is set to expand aggressively across offshore Indian regions. •     The roadshow will be hosted by the Chairman and Managing Director of OIL, along with Director, Operations  and senior officials of OIL. Learn Along: About UAE Capital: Abu Dhabi                                            Currency: UAE dirham About Oil India Limited Incorporated on 18th February 1959         Chairman & Managing Director: Dr. Ranjit Rath

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