July 04, 2025 11:33 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Vijay named as TVK's CM face for upcoming Tamil Nadu polls | India says only Dalai Lama can decide his successor, China responds with warning | Pakistan had 30-45 seconds to respond: Shehbaz Sharif's aide on India's BrahMos attack during Op. Sindoor | Calcutta HC orders closure of all Bengal college union rooms until fresh elections in wake of Kolkata rape case | ‘We will cross that bridge when we come to it’: Jaishankar’s response on US bill proposing 500% tariffs | 'We slapped because of his attitude': MNS worker justifies assault on shopkeeper for not speaking Marathi | 'Marathi will have to be spoken in Maharashtra': State minister after MNS workers' assault on shopkeeper | PM Modi conferred with 'The Officer of the Order of the Star of Ghana' | Three Indian nationals abducted in Al-Qaeda-linked group's attack in Mali, MEA expresses 'deep concern' | Pune woman raped by man posing as delivery boy, police probe on
Amid stagnant output, India seeks increased production with BP's global expertise in the project. (Representational image courtesy: Unsplash)

BP to boost Mumbai High oil and gas output as ONGC’s technical partner

| @indiablooms | Jan 08, 2025, at 05:34 pm

Mumbai: India's leading explorer, Oil and Natural Gas Corp (ONGC), announced on Wednesday that energy giant BP will work as its technical service provider to enhance oil and gas production from Mumbai High, the country’s largest producing field located off the west coast, Reuters reported.

BP has committed to boosting production from the Mumbai High field, discovered in 1974, by up to 60 percent, according to ONGC's stock exchange filing.

The field, which peaked at 471,000 barrels per day (bpd) of oil in March 1985, saw its output decline to approximately 134,000 bpd by April 2024, as per a tender document issued last year.

India, the world’s third-largest oil importer and consumer, is striving to rapidly increase its oil and gas production, which has remained stagnant for years.

In June, the government revealed that ONGC was pursuing a technical collaboration with a global oil major to boost production.

BP’s board subsequently met India’s Oil Minister Hardeep Singh Puri in September 2024.

Last year, Puri emphasised that the country had been encouraging foreign companies to take part in its exploration programmes.

"We look forward to bringing our long experience of optimising performance and recovery from major mature fields around the world to help unlock and enhance production from Mumbai High," BP stated.

BP also operates 1,900 fuel retail stations in India in partnership with Reliance Industries and produces oil and gas from a deepwater block in the Krishna-Godavari basin on the country’s east coast.

Additionally, the Reliance-BP alliance has partnered with ONGC to bid for exploration rights for an offshore block in India.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu