ONGC Partners with bp to Explore Offshore Basins in India

21 Jul 2025 CW Team

State-owned Oil and Natural Gas Corporation (ONGC) on Thursday signed a strategic Memorandum of Understanding (MoU) with bp plc to collaborate on drilling stratigraphic wells in India’s Category II and III offshore sedimentary basins: Andaman, Mahanadi, Saurashtra, and Bengal.

This partnership aims to enhance geological understanding and unlock untapped hydrocarbon potential, thereby strengthening India’s long-term energy security, ONGC stated.

The MoU was signed in the presence of Oil Minister Hardeep Singh Puri during the Urja Varta 2025 event, reaffirming the government’s commitment to deepen global collaboration in India’s energy journey.

“We are excited to deepen our existing alliance with ONGC on this project of national and strategic significance. Drilling new stratigraphic wells will offer valuable insights and potential. bp’s expertise in deepwater exploration, supported by advanced seismic technologies, will greatly assist in evaluating and drilling these wells,” said Kartikeya Dube, Head of Country, bp India.

Earlier, ONGC selected bp as the technical service provider to enhance production at its Mumbai High oil and gas field, targeting up to a 60 per cent increase over baseline levels.

BP has projected a significant rise in oil and oil-equivalent gas production—up to 60 per cent from baseline (independently verified estimates accounting for natural decline)—over a ten-year contract period.

ONGC has also indicated ongoing discussions for technology partnerships with other global energy majors such as Shell and Petronas for multiple offshore gas fields.

Alongside efforts to reverse production decline in mature fields, ONGC expects to commence production soon in several new fields, including Tapti Daman, Kutch, and the Mahanadi basin.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..