OIL, AHECL sign agreement for E&P of crude oil and natural gas in Namrup Block

Assam Hydrocarbon and Energy Company Limited (AHECL) and Oil India Limited (OIL) have signed an agreement for the exploration and production (E&P) of crude oil and natural gas in the Namrup Block. As per the MoU, AHECL will receive a 10 per cent participating interest for the E&P of crude oil and natural gas in the Namrup block allotted to OIL, which covers an area of 125 square km.