Thu Jun 12 14:45:33 UTC 2025: Okay, here’s a news article summarizing the text you provided:

**News Article:**

**Cochin Port Authority and Oil India Limited Partner to Boost Offshore Exploration in Kerala-Konkan Basin**

**KOCHI, INDIA – June 12, 2025 -** The Cochin Port Authority (CoPA) and Oil India Limited (OIL) have formalized a strategic partnership aimed at bolstering offshore oil exploration in the Kerala-Konkan Basin. A memorandum of understanding (MoU) was signed today by Vipin R. Menoth, traffic manager of CoPA, and Sanjib Kumar Gogoi, CGM of OIL, in the presence of B. Kasiviswanathan, chairperson of CoPA, and Ranjit Rath, chairperson and managing director of OIL.

Under the agreement, CoPA will provide crucial logistical support for OIL’s upcoming drilling operations, slated to begin later this year. A dedicated shore base facility will be established at the port, featuring a warehouse, dry bulk handling plant, and an exclusive jetty. This facility will operate around the clock to support offshore vessels, offering essential services such as berthing, refuelling, dry bulk transfer, potable water, and shore power.

The collaboration is expected to streamline offshore support operations, enhancing efficiency and contributing to OIL’s exploration efforts in the region. This partnership underscores the commitment of both organizations to advancing India’s energy security.

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