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.
ONGC onboards technical services provider for enhancing production from Mumbai High Field
In order to overcome these challenges and to realize the full potential of MH, ONGC issued an International Competitive Bidding (ICB) tender to engage a Technical Services Provider (TSP) for Mumbai High Field with expertise in managing complex mature reservoirs and implementing advanced recovery technologies and best operational practices.
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.
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,
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 Share Price Live Updates: BP projects 44% jump in oil output from India's largest field, ONGC says
Stay informed with the ONGC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on ONGC, including: Last traded price 264.
BP to Help ONGC Boost Mumbai High Oil Production by 60%
BP plc BP, the British energy giant, has teamed up with the Oil and Natural Gas Corporation (“ONGC”) in India to boost output from the Mumbai High oil and gas field, the country's largest oil-producing field.
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 ropes in BP for Mumbai High
ONGC has appointed BP as a technical partner for enhancing oil and gas production from India's Mumbai High. BP won the 10-year contract, outbidding Shell, and aims to increase output by up to 60%. BP's role involves analyzing field performance and implementing technological improvements.
BP partnership to increase ONGC revenue by USD 10.3 billion
State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas ...
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 ...
Chambal Fertilizers, ONGC: Religare Broking's Ajit Mishra's 2 stocks to buy
Ajit Mishra of Religare Broking recommends maintaining a "sell on rise" strategy for the Nifty index while prioritising ...
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.
Stocks to buy today: ONGC, Tata Motors among top 5 trading ideas for 9 January 2025
On the options front, the maximum Call Open Interest (OI) is positioned at the 24,000 strike, followed by the 24,100 strike.
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ONGC Rallies 3%; Market Valuation Surges Rs 9,749.72 Crore
Shares of ONGC climbed 3 per cent on Wednesday, on a day when UK's BP Plc won a bid for ONGC's giant Mumbai High oil and gas ...