Hindustan Oil Exploration Company (Business Opportunities - Marketing & Sales)
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Item ID 3091120 in Category: Business Opportunities - Marketing & Sales
Hindustan Oil Exploration Company | |
Hindustan Oil Exploration Company (HOEC) has made a significant recovery from the challenges it faced in the B-80 field. The company has stabilized production from B-80, marking a strong pivot towards growth. The management is now confident in its forward strategy, underpinned by a ?1,000 crore capex plan, two-thirds of which is dedicated to offshore projects. Notably, this ambitious expansion will be entirely funded from internal cash flows, without additional debt—a stark contrast to the earlier struggles when production delays at B-80 hampered growth. Latest Developments in B-80 With both wells at B-80 now operational, production has seen a sharp increase: #HOEC #Indianpetroplus | |
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| Target State: All States Target City : All Cities Last Update : 10 February 2025 11:52 AM Number of Views: 51 | Item Owner : Indianpetroplus Contact Email: Contact Phone: (None) |
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2025-06-16 (0.390 sec)