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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 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,
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.
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 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 Mumbai High 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.
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.
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.
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.
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.
1h
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.
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 ...
18h
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 ...
14h
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.
Outlook Business
1d
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 ...
ndtvprofit
2d
ONGC Rallies After Getting Another Target Price Hike, This Time From CLSA
With multiple material growth drivers, including peak production from the KG basin, higher gas realisations, and a potential ...
1d
on MSN
ONGC shares rally nearly 3%, continue winning streak following CLSA upgrade
CLSA highlighted several key factors behind its bullish outlook for ONGC. The brokerage expects multiple volume and ...
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