Oilmax Energy, a leading private oil and gas company, has announced a ₹450 crore investment in Assam. The company will focus on developing the compressed biogas sector, enhancing operations at the Tiphuk oil and gas field, and exploring opportunities in the state’s mineral sector.
Oilmax signed three MoUs, including partnerships with Brahmaputra Crackers & Polymers Limited and Assam Gas Company Limited, to boost energy production and clean energy initiatives. These projects are expected to create 300 jobs and strengthen Assam’s industrial growth.
Dr. Kapil Garg, Managing Director of Oilmax Energy, emphasized the company’s commitment to harnessing Assam's potential in energy and minerals for sustainable development.
Source: NewsPatrolling.com