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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 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 partners with BP to boost Mumbai High oil output by 44%, gas by 89%
The initiative, part of ONGC’s efforts to improve recovery from mature fields, is expected to increase crude oil production by 44% from 45.47 million metric tonnes (MMT) to 65.41 MMT and gas output by 89% from 24.
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 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
ONGC Expects USD 10.3 Billion Revenue Increase Through BP Partnership in Mumbai High Field
ONGC anticipates a USD 10.3 billion revenue increase through a partnership with BP, enhancing oil and gas production in the ...
Hosted on MSN
8h
ONGC To Get A Revenue Boost Of $10.3 Bn By Partnering With This UK Company- Details
State-owned Oil and Natural Gas Corporation ( ONGC ) expects a USD 10.3 billion revenue boost from increased oil and gas ...
8h
on MSN
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 ...
6h
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 ...
ThePrint
8h
ONGC onboards technical services provider for enhancing production from Mumbai High Field
India’s Exploration and Production (E&P) sector is vital for meeting the nation’s growing energy demands, driven by rapid ...
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 ...
15h
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 ...
11h
on MSN
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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