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BP, ONGC and India
BP to boost oil output from India's largest field by 44%, ONGC says
BP (NYSE:BP) plans to increase oil production at India's largest field by 44% and gas production by 89%, state-controlled Oil & Natural Gas Corp. said Thursday. The comments came a day after ONGC selected BP (BP) as its technical service provider to help boost production at its flagship Mumbai High field from a baseline of 45.
BP wins bid to operate ONGC’s Mumbai High field in India
BP will provide technical services to Oil and Natural Gas Corporation (ONGC) to enhance production by up to 60% at the Mumbai High oilfield.
BP to Help ONGC Boost Mumbai High Oil Production by 60%
BP looks forward to leveraging its extensive experience in performance optimization and recovery to help increase the output from Mumbai High oil field.
ONGC expects additional revenue of up to $10.3 billion from BP’s intervention in Mumbai High field
ONGC had announced on Wednesday that BP had bagged the contract to operate and enhance production from the former's flagship Mumbai High field which has been witnessing a gradual fall in output for over three decades.
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
ONGC Partners with BP for $10.3 Billion Revenue Boost
State-owned ONGC is set to increase oil and gas production by partnering with BP, leading to a $10.3 billion revenue increment. The partnership focuses on the Mumbai High field, aiming for substantial production increases.
BP Secures Landmark Deal With India's ONGC: Details
BP selected as Technical Services Provider by ONGC to enhance production in Mumbai High Field; contract for 10 years.
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.
ONGC and BP Join Forces for Enhanced Mumbai High Oil Production
The Oil and Natural Gas Corporation (ONGC), in partnership with the UK's BP, forecasts a $10.3 billion hike in revenue through increased oil and gas production at Mumbai High field. By leveraging BP's expertise,
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.
The Financial Express
13h
ONGC shares surge in a volatile market- Here’s why…
ONGC delivered over 24% return in 1 year. The company has a market capitalisation of Rs 3.35 lakh crore. Over the past 52 ...
ThePrint
15h
ONGC adds 65 new ambulances for internal ops in Assam
In a step towards enhancing safety and emergency response, energy major Oil and Natural Gas Corporation (ONGC) has ramped up its fleet of ambulances in Assam by adding 65 new vehicles, an official ...
1d
Not ONGC Or Oil India, But This SmallCap Oil & Gas Stock Below Rs 200, Is Piping Hot To BUY; Who & Why?
Hindustan Oil Exploration has neither carried a bonus issue nor a stock split, but holds a decent record of paying dividends ...
cnbctv18
11h
BHEL and ONGC sign MoU to collaborate on renewable energy projects
"Bharat Heavy Electricals Limited (BHEL) and Oil & Natural Gas Corporation Ltd (ONGC) have signed an MoU for exploring joint ...
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