+
ONGC Partners with BP to Enhance Output at its Largest Oil Field
OIL & GAS

ONGC Partners with BP to Enhance Output at its Largest Oil Field

India's leading explorer, Oil and Natural Gas Corporation (ONGC), announced that energy giant BP would serve as a technical service provider to enhance oil and gas production from the Mumbai High field, the country's largest producing field located off its west coast.

BP has committed to increasing oil and gas production from the Mumbai High field, discovered in 1974, by up to 60%. The field, which peaked at 471,000 barrels per day (bpd) of oil in March 1985, had seen its output decline to approximately 134,000 bpd by April 2024, as noted in a tender document issued last year.

India, the world's third-largest oil importer and consumer, has been striving to boost its stagnant oil and gas production. In June 2024, the government revealed that ONGC was exploring a technical partnership with a global oil major to achieve this goal. BP's board also met with India's Oil Minister, Hardeep Singh Puri, in September 2024 to discuss collaboration.

The country has been encouraging foreign companies to participate in its exploration programs, with Puri emphasising this push last year. BP, leveraging its expertise in optimising mature fields, will now assist in enhancing production at Mumbai High.

In a statement, BP expressed optimism about the partnership, highlighting its extensive experience in improving recovery and performance from mature fields globally as a key asset in unlocking Mumbai High's potential.

Additionally, BP, in collaboration with Reliance Industries, operates 1,900 fuel retail stations across India and produces oil and gas from a deepwater block in the Krishna-Godavari basin on the country's east coast. The Reliance-BP partnership has also joined forces with ONGC to bid for exploration rights for an offshore block in India.

India's leading explorer, Oil and Natural Gas Corporation (ONGC), announced that energy giant BP would serve as a technical service provider to enhance oil and gas production from the Mumbai High field, the country's largest producing field located off its west coast. BP has committed to increasing oil and gas production from the Mumbai High field, discovered in 1974, by up to 60%. The field, which peaked at 471,000 barrels per day (bpd) of oil in March 1985, had seen its output decline to approximately 134,000 bpd by April 2024, as noted in a tender document issued last year. India, the world's third-largest oil importer and consumer, has been striving to boost its stagnant oil and gas production. In June 2024, the government revealed that ONGC was exploring a technical partnership with a global oil major to achieve this goal. BP's board also met with India's Oil Minister, Hardeep Singh Puri, in September 2024 to discuss collaboration. The country has been encouraging foreign companies to participate in its exploration programs, with Puri emphasising this push last year. BP, leveraging its expertise in optimising mature fields, will now assist in enhancing production at Mumbai High. In a statement, BP expressed optimism about the partnership, highlighting its extensive experience in improving recovery and performance from mature fields globally as a key asset in unlocking Mumbai High's potential. Additionally, BP, in collaboration with Reliance Industries, operates 1,900 fuel retail stations across India and produces oil and gas from a deepwater block in the Krishna-Godavari basin on the country's east coast. The Reliance-BP partnership has also joined forces with ONGC to bid for exploration rights for an offshore block in India.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code