# ONGC, Shell Energy India sign MoU for deepwater blocks, LNG 2026-08-10T12:41:41+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet State-run ONGC and Shell Energy India have signed a non-binding MoU to explore joint opportunities in deepwater and ultra-deepwater oil and gas exploration, as well as LNG sourcing. The agreement, signed on August 10, provides a framework to assess potential cooperation under the government’s Open Acreage Licensing Policy, including ongoing OALP Rounds X and XI and future bids under the Samudra Manthan initiative. The companies will also examine farm-in and farm-out arrangements on ONGC’s existing blocks. No specific investment or project is committed. The collaboration aims to bring Shell’s global expertise into India’s offshore exploration and support the country’s push for a gas-based economy. ## Coverage - timesofindia.indiatimes.com - economictimes.indiatimes.com Tags: deepwater exploration, India energy security, LNG, OALP, ONGC, Shell Energy India Canonical: https://indianopinion.org/ongc-shell-energy-india-sign-mou-for-deepwater-lng/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ongc-shell-energy-india-sign-mou-for-deepwater-lng/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.