ONGC had announced on Wednesday that BP had bagged the contract to operate and enhance production from the former's flagship Mumbai High field which has been witnessing a gradual fall in output for ...

Mumbai, State-run energy major ONGC will create a wholly-owned subsidiary to focus on its company's gas and LNG business. Its Board of Directors has given its nod for the creation of the ...

The field reached a peak production level of 471,000 barrels per day of oil in March 1985, and its output had declined to ...

Jan 8 (Reuters) - India's top explorer Oil And Natural Gas Corp (ONGC.NS), opens new tab on Wednesday ... Reuters provides business, financial, national and international news to professionals ...

State-owned Oil and Natural Gas Corporation (ONGC) expects a $10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK's BP in the Mumbai High field.

UK's BP Plc won a bid for ONGC's giant Mumbai High oil and gas field, offering to raise crude oil production by 44 per cent and natural gas by a staggering 89 per cent over a 10-year period, ...

ONGC, Oil India: Motilal Oswal in its latest ... MRPL can be an indirect value creator by strengthening HPCL’s business model and alleviating cash infusion concerns," it said.

ONGC named BP as its technical service provider on Wednesday to assist in boosting output from a baseline crude production of 45.47 million metric tons and 70.40 billion cubic metres (BCM) of gas ...

The 2021 proposal, too, was resisted by ONGC but with the output continuing to decline it has now come up with the TSP model to get technical knowhow for boosting output. ONGC produced a total of ...