BP bags contract to operate ONGC's Mumbai High field
Financial Express Hyderabad|January 09, 2025
BRITISH MULTINATIONAL BP has been selected as the technical service provider for the enhancement of production of state-owned Oil and Natural Gas Corp's Mumbai High oil and gas field by up to 60% over baseline levels over a 10-year period.
ARUNIMA BHARADWAJ

The upstream major had in June issued an international competitive bidding tender to engage a technical services provider for its Mumbai High field in its attempt to reverse output decline. It had invited bids from international operators with proven technical expertise, financial strength, and a track record in similar projects, offering them a share from revenue from the incremental production and a fixed fee.

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