Date:30/10/2007 URL: http://www.thehindubusinessline.com/2007/10/30/stories/2007103052751100.htm

Back Andhra varsity, Heramec ink pact

Visakhapatnam, Oct. 29

Andhra University and the Hyderabad-based Heramec Ltd signed a memorandum of understanding here on Monday for cooperation in the area of petroleum exploration. Prof. L. Venugopala Reddy, Vice-chancellor, and Mr Anand Mudigonda, Executive Director, exchanged the documents. Prof. Reddy said that the university had introduced the two-year M.Tech course in petroleum exploration in the Delta Studies Institute set up under the aegis of the Department of Geology. "We are also negotiating with Reliance and Essar for tie-ups," he said. Mr Anand said Heramec was into oil exploration and had obtained the rights to explore oil off the Gujarat coast in collaboration with the Gujarat State Petroleum Corporation. - Our Bureau