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IT services company HCL Technologies has signed a pact with the Indian Institute of Technology, Dhanbad, to collaborate in the field of petroleum engineering and earth science, according to a statement.
HCL Technologies and IIT (Indian School of Mines), Dhanbad (Jharkhand), will also develop a knowledge management system using technologies, it added.
As part of the agreement, HCL Tech will offer projects and internship opportunities to students and research scholars of IIT (ISM) to develop digital solutions in the fields of exploration, drilling and production of hydrocarbons to reduce carbon footprint.
"Both HCL Tech and IIT (ISM) will also undertake sustainability initiatives and programmes, including discussions, podcasts and joint presentations at international forums on transformative initiatives in the oil and gas sector," according to a statement.
The memorandum of understanding will help HCL Tech strengthen its collaboration with the IIT (ISM), Dhanbad, while HCLTech customers will benefit from solutions in low-carbon sustainability.
The pact between HCL Tech and IIT (ISM) Dhanbad was signed in the presence of Sagar Pal, Dean (Research and Development), IIT (ISM) and Somnath Das and Deepak Bhardwaj, Directors - Oil and Gas, HCL Tech.
"This strategic initiative will help the oil and gas industry generate enhanced value from data and introduce cutting-edge, low-carbon sustainability solutions," Ajay Bahl, Corporate Vice President, HCL Tech said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Wed, January 25 2023. 17:05 IST