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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.
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.
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 bags ONGC contract to increase production from India’s largest oil, gas field Mumbai High
In June, the state-owned ONGC had sought bids from international oil and gas players to increase production from the field.
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 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.
2d
on MSN
3 Smart Oil Stocks to Buy in 2025
While oil stocks performed poorly last year, they could bounce back in 2025. Devon Energy ( DVN -0.53%), ConocoPhillips ( COP ...
1h
Canadian Natural Unveils C$6 Bln Budget for 2025 to Drive Production Growth -- Energy Comment
Canadian Natural, which has operations in western Canada, the U.K. portion of the North Sea and offshore Africa, said some C$3.2 billion of the spending planned for 2025 will go toward conventional ...
15h
Daily on Energy: SoCal wildfires, failed Alaska oil and gas lease sale, and Heinrich versus Lee
Good afternoon and happy Wednesday, readers! In today’s Daily on Energy, Callie and Maydeen cover the wildfires that ignited ...
6h
Oil and Gas stocks edge lower
Oil and Gas stocks were trading in red, with the BSE Oil & Gas index decreasing 577.09 points or 2.16% at 26195.56 at 13:42 IST.
1h
Budget 2025: Oil & gas industry awaits inclusion of petroleum products under GST, compensation for LPG losses
The industry remains hopeful for any comments by the finance minister on the long-standing demand on the GST front, and is ...
1d
Shell warns of weaker fourth quarter LNG, oil trading
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading ...
3d
Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it
WASHINGTON — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a ...
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