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ONGC Inks Deal With BP to Boost Mumbai High Output by 60%
Hindustan Times West UP
|February 12, 2025
The BP deal will yield $10.3 bn revenue boost from increased oil and gas production, ONGC had said earlier
NEW DELHI: Oil and Natural Gas Corp Ltd (ONGC) has signed a contract with global oil major BP for raising output from its flagship Mumbai High oil and gas field by up to 60% over the next decade.
BP will be Technical Services Provider (TSP) for the Mumbai High field, India's largest and most prolific offshore oil field, the two firms said in a statement. "ONGC will retain ownership and operational control of the field," it said.
This story is from the February 12, 2025 edition of Hindustan Times West UP.
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