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MoU
Apr. 30 - 2012
Oil and Natural Gas Corporation Limited (ONGC), India and ConocoPhillips, USA, have signed on March 30th a Memorandum of Understanding (MoU) to co-operate and develop the shale gas resources in India, North America and elsewhere besides deep water opportunities in Eastern offshore India. The unprecedented growth of shale gas in the USA has generated new hopes […]
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Business model ConocoPhillips deep water downstream Exploration & Production Global India Major Memorandum of Understanding Midstream MoU North America. ogp projects Oil & Gas Oil & Gas and Petrochemical Oil news ONGC Petrochemical Poland Project Feasibility study shale gas shale gas reserves upstream USA
Apr. 30 - 2012
Definition: “MoU” is the acronym for Memorandum Of Understanding. MoU may also be called Letter of Intent (LoI) Comments: A MoU is a document by which two parties describe how they intend to work together. It can be just a technical base line of co-operation or a more extended agreement with commercial and financial terms. Depending on […]
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