Bhagawati Gases has signed a MOU on 13 November 2007 with ROTOR-1 presenting design bureau 'Geophyspribor' of Russian academy of science having registered office in Russia at 77B Lenina street, Kursk Russian Federation for bidding tender no. - ZA24L07005 of Oil and Natural Gas Corporation for hiring of services for low frequency passive seismic survey for direct detection of hydrocarbon in South Kadi area of western onshore basin in the state of Gujarat(India).The company made this announcement after the trading hours on Monday, 26 November 2007.
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