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BP, India and ONGC
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 eyes 44% increase in oil output at India’s flagship offshore field, says ONGC
BP has said that it will raise oil output to 477.5 million barrels, while gas production will increase to 47.22 Bcm
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.
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 Revenue Boost: BP Partnership to Increase Oil & Gas Production
ONGC expects a USD 10.3 billion revenue boost from increased oil and gas production at Mumbai High field, achieved through a partnership with BP Exploration (Alpha) Ltd.
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 help boost output at ONGC’s ageing flagship offshore field
BP has indicated that it could increase oil and gas production from Mumbai High by up to 60% from baseline production levels, ONGC said
London-based BP wins ONGC contract to boost Mumbai High production
In a first-of-its-kind appointment of a foreign oil major by a public sector player, BP has been selected by state-run national oil company ONGC to boost production at the Mumbai High offshore oilfield.
ONGC ropes in BP to increase Mumbai high field output
ONGC has partnered with BP to increase production from the declining Mumbai High oil field by up to 60% over 10 years. This collaboration, projected by BP, led to a 3% rise in ONGC shares. The tender required bidders to demonstrate significant annual revenues and propose incremental production plans.
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.
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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 ...
5h
on MSN
BP partnership to boost ONGC revenue by $10.3 billion over 10 years
ONGC said TSP will receive a fixed fee for the first two years, followed by a service fee based on a percentage share of the ...
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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 ...
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