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Hindustan Oil Exploration Company Limited (HINDOILEXP)
What HINDOILEXP does

Hindustan Oil Exploration Company Limited

What company does?Oil and gas exploration, production, and development.
Established1983
Entity typePrivate
HeadquartersIndia
SegmentB2B
Hindustan Oil Exploration Company Limited is a share market listed company in the Oil Exploration & Production industry . It got listed on NSE on 23-SEP-2003 under the trading symbol HINDOILEXP. On BSE it is listed under trading symbol HINDOILEXP. The company operates in Oil & Gas , Energy and Exploration & Production categories.

Company overview

Hindustan Oil Exploration Company Limited (HOEC) is an oil and gas exploration and production company based in India. Established in 1983, the company primarily focuses on exploring, developing, producing, and marketing crude oil and natural gas.

One of HOEC's key strengths lies in its diverse portfolio across different geological basins in India such as Assam-Arakan Fold Belt, Cambay Basin, Cauvery Basin, Rajasthan Block RJ-ON/6 and Mumbai Offshore. The company has a track record of successfully discovering hydrocarbons through technical expertise and innovation.

The company operates several offshore fields including PY-1 field located off the west coast of India which is known for its innovative technology usage to enhance production efficiency. It also holds interests in various onshore blocks with significant potential for further exploration activity.

HOEC's product offering includes crude oil and natural gas extracted from its operational assets. These products cater to both domestic consumption within India as well as international markets.

In terms of standing out from competitors, HOEC distinguishes itself through a combination of extensive experience in the Indian sedimentary basins along with a strong focus on technological advancement. The company prides itself on leveraging cutting-edge technologies to optimize production processes while adhering to environmental sustainability standards. Collaboration plays a pivotal role in HOEC’s operations; it has formed strategic partnerships with global industry leaders to harness advanced drilling techniques and reservoir management practices that aid efficient resource extraction. Overall, Hindustan Oil Exploration Company Limited stands out due to its robust asset base encompassing multiple geographical regions within India coupled with its commitment towards deploying advanced technologies for sustainable energy development.
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