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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 Hopes to Boost Oil Production at India’s Top Field by 44%
BP, selected to improve production at India's Mumbai High oilfield, predicts a potential 44% increase in oil output and an 89% rise in gas production over the next decade.
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.
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.
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 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 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.
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.
Hosted on MSN
17h
Drivers fury after BP fuel is ‘contaminated and causes cars to break down'
Drivers were confused when their cars grinded to a halt shortly after filling their car with fuel, only to realise they had ...
1d
BP rises Thursday, still underperforms market
BP PLC BP shares inched up 0.55% to £4.23 Thursday, on what proved to be an all-around positive trading session for the stock ...
1d
Dividend Harvesting Portfolio Week 201: $20,100 Allocated, $1,932.03 In Projected Dividends
Read here for an analysis of S&P 500 performance in 2024 and Dividend Harvesting Portfolio growth, setting goals for 2025 and ...
2d
BP’s Financial Balancing Act: Hold Rating Amid Strategic Transition Challenges
Christopher Kuplent, an analyst from Bank of America Securities, reiterated the Hold rating on BP p.l.c. (BP – Research Report). The associated ...
2d
BP PLC ADR falls Wednesday, underperforms market
The BP PLC ADR BP shed 2.23% to $31.12 Wednesday, on what proved to be an all-around mixed trading session for the stock ...
4d
Down 25% from its one-year traded high, is BP’s share price set to soar on new oil field developments?
BP’s share price has tracked the oil price lower this year, but I think giant new oil deals hold the prospect of huge revenue ...
3d
on MSN
After odiferous leak at refinery, Whiting, Indiana neighbors demand better communication from BP
Neighbors living near the BP refinery in Whiting, Indiana called Tuesday night from more transparency from the oil giant.They ...
20h
Drivers issued 'contaminated fuel tank' warning after petrol station blunder
A popular chain of petrol stations has warned that drivers who used one garage could have filled their vehicle up with ...
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