ONGC signs MoU with Super Wave Technology

For development of Shock Wave Assisted Franking Technology

Oil and Natural Gas Corpn entered into a Memorandum of Understanding with Super Wave Technology (SWTPL) for researching alternative technology for hydraulic fracturing.

With this partnership, ONGC will provide assistance to SWTPL for developing Shock Wave Assisted Franking Technology, an alternate to the conventional hydraulics fracturing which if proven effective as a substitute to hydraulic fracturing, in particular for shale gas exploitation, will be a game changer for the oil & gas industry.

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