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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 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.
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.
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,
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 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.
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 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 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
Antique reiterates buy rating on ONGC; ups target price Rs 366 a share
Antique Stock Broking has reiterated its "Buy" rating on Oil & Natural Gas Corp Ltd (ONGC) and raised the target price to Rs ...
2h
ONGC Share Price Live Updates: ONGC's market close analysis
Welcome to the ONGC Stock Liveblog, your ultimate source for real-time updates and analysis of one of the most prominent ...
2d
ONGC rally, Reliance recovery prop up Indian shares after Monday's slump
Indian shares rose on Tuesday, led by a rally in energy stocks after a brokerage upgraded ONGC and as Reliance recovered some ...
21h
on MSN
BP partnership to increase ONGC revenue by $10.3 billion
State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas ...
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