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BP, ONGC
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 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 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
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.
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.
BP beats Shell to win bid to operate ONGC’s Mumbai High fields
New Delhi, Jan 8 (PTI) BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday.
ONGC Stock Surges 3% After BP Wins Mumbai High Bid
ONGC shares rallied 3% on Wednesday after BP Plc won a bid to increase production at the Mumbai High oil and gas field, leading to a significant rise in the company's market valuation.
BP boards Mumbai High to help ONGC boost output
State-run explorer ONGC has decided to rope in BP as technical partner to boost oil and gas production from Mumbai High India’s crown jewel, which will become the UK major’s second operating project in India and mark the first notable MNC entry in the country’s upstream sector following reforms initiated by the Narendra Modi government.
5h
Production ramp-up, higher realisations expected to drive gains for ONGC
Global energy markets are experiencing weaker demand. The strong US dollar is also influencing crude and gas prices. Since ...
Outlook Business
6h
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 ...
1d
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 ...
5h
ONGC Share Price Live Updates: ONGC's Market Activity Today
Stay informed with the ONGC Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a ...
15h
ONGC chooses UK-based BP as a technical service provider to enhance production
NEW DELHI: Oil and Natural Gas Corporation (ONGC), India's leading oil and gas explorer, has selected UK-based BP as a ...
ndtvprofit
1d
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 ...
13h
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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