Reliance Industries has entered into a Joint Operating Agreement with Oil and Natural Gas Corporation Limited (“ONGC”) and bp for the exploration Block GS-OSHP-2022/2. This Block in located off the western coast in Saurashtra basin and was awarded to RIL, ONGC and bp as part of Hydrocarbon Exploration and Licensing Policy. Parties will pursue exploration operation in the Block pursuant to the terms of award of the Block.
KeyFacts Energy: bp India country profile l ONGC India country profile l Reliance India country profile