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BP, ONGC and India
BP projects 44% jump in oil output from India's largest field, ONGC says
Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp on Thursday.
BP to Help India Boost Production at Its Largest Oilfield
India's state-owned oil company ONGC has selected BP as the technical services provider to enhance production at Mumbai High, the country's largest oilfield.
BP to help boost output at ONGC’s ageing flagship offshore field
BP has indicated that it could increase oil and gas production from Mumbai High by up to 60% from baseline production levels, ONGC said
India's ONGC engages BP to boost production in largest oil field
India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.
ONGC Revenue Boost: BP Partnership to Increase Oil & Gas Production
ONGC expects a USD 10.3 billion revenue boost from increased oil and gas production at Mumbai High field, achieved through a partnership with BP Exploration (Alpha) Ltd.
London-based BP wins ONGC contract to boost Mumbai High production
In a first-of-its-kind appointment of a foreign oil major by a public sector player, BP has been selected by state-run national oil company ONGC to boost production at the Mumbai High offshore oilfield.
BP's Big Move: Boosting India's Mumbai High Production
Shares of ONGC surged after UK's BP Plc won a bid to enhance production at Mumbai High oil field. With plans to boost crude oil by 44% and natural gas by 89% in a decade, BP has been selected as the Technical Service Provider to steer this ambitious project.
ONGC ropes in BP to increase Mumbai high field output
ONGC has partnered with BP to increase production from the declining Mumbai High oil field by up to 60% over 10 years. This collaboration, projected by BP, led to a 3% rise in ONGC shares. The tender required bidders to demonstrate significant annual revenues and propose incremental production plans.
BP Wins Bid To Enhance Production At ONGC's Mumbai High Oil Field
British energy giant BP has secured a contract to serve as the technical service provider for India's Oil and Natural Gas Corporation (ONGC) at the Mumbai High oil and gas field, the nation's largest offshore asset.
BP Plc wins bid to assist ONGC in boosting oil and gas output from Mumbai High field
India’s Oil and Natural Gas Corporation said on Wednesday that energy major BP Plc has won a bid to be the company’s technical service provider for boosting oil and gas production from Mumbai High field off the west coast of India.
1h
on MSN
BP partnership to boost ONGC revenue by $10.3 billion over 10 years
ONGC said TSP will receive a fixed fee for the first two years, followed by a service fee based on a percentage share of the ...
3h
BP Plc pips Royal Dutch Shell to win Mumbai High oil and gas field contract to increase 60 per cent output
ONGC, grappling with declining production at India’s most prolific oil field, floated an international tender in June 2024 to ...
2h
India's central bank begins unwinding curbs on NBFCs
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their ...
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