Abu Dhabi National Oil Co. has signed a memorandum of understanding with Saudi Aramco and a consortium of public-sector refining firms Indian Oil Corp., Bharat Petroleum, and Hindustan Petroleum Corp. to jointly develop and build Ratnagiri Refinery & Petrochemicals’ proposed grassroots 60 million-tonne/year integrated refining and petrochemical complex at Ratnagiri in Maharashtra state on India’s west coast.

Source: News