Multiple choice

OIL (Oil India Limited) signed an agreement with the National Oil Corporation of which country for four oil exploration blocks?

  1. Sudan

  2. Libya

  3. Cameroon

  4. Zimbabwe

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Oil India Limited (OIL) signed an agreement with the National Oil Corporation of Libya for four oil exploration blocks. This was part of OIL's international expansion strategy and India's effort to secure overseas energy assets. Libya was an attractive destination for oil exploration during this period.