ONGC expects additional revenue of up to $10.3 billion from BP’s ...
21 hours ago · 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 over three decades. ... News; Business; ONGC expects additional revenue of up to $10.3 billion from BP's intervention in Mumbai High field;
Production ramp up, realisations to drive gains for ONGC | Company News ...
1 day ago · In KG-98/2, oil production is at 25,000 barrels per day (bpd) and ONGC looks to ramp it up to 45,000 bpd by end-FY25. KG gas production may reach 10 mmscmd by end-FY25 (current 2 mmscmd). ONGC guided (end-Q2FY25) for 44.9 million tonnes of oil equivalent and 46.2 million tonnes of oil equivalent in FY26 and FY27, respectively.
Oil And Natural Gas Corporation News - The Economic Times
2 days ago · ONGC Share Price: ONGC shares rose 2.3% after reporting a 17% YoY profit rise to Rs 11,984 crore, driven by lower levies, despite a fall in revenue and oil prices.
BP Projects 44% Jump in Oil Output From India's Largest ... - U.S. News
1 day ago · 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.
ONGC Shares: Sees 42% gains after CLSA upgrades
3 days ago · Shares of Oil and gas corporation Ltd (ONGC) surged 4.99% to ₹266.85 on the BSE at 10.27 AM on Tuesday, after CLSA has significantly boosted its confidence in ONGC, upgrading its rating to High ...
ONGC engages BP to boost production in largest oil field
2 days ago · Indias Oil and Natural Gas Corp (ONGC) announced that BP will provide technical services to boost oil and gas output from the Mumbai High field, Indias largest producing field. BP aims to increase production by up to 60% from the field, whose output has declined significantly since its 1985 peak.
BP bags ONGC contract to increase production from India’s …
2 days ago · The field’s current production levels are around 134,000 bpd of crude and 13 bcm of natural gas. The output was expected for further decline substantially over the next 10-15 years, even as ONGC estimates that the field still holds over 600 million barrels of …
ONGC partners with BP to boost Mumbai High oil output by 44%, …
1 day ago · The initiative, part of ONGC’s efforts to improve recovery from mature fields, is expected to increase crude oil production by 44% from 45.47 million metric tonnes (MMT) to 65.41 MMT and gas output by 89% from 24.94 billion cubic …
ONGC chairman should also lead as subsidiary HPCL's head: …
Oct 27, 2024 · ONGC has got just one board position on HPCL following the acquisition. On a prod from the Ministry of Petroleum and Natural Gas, ONGC appointed a three-member panel to work out synergies between ONGC and HPCL.
ONGC Q4 results: Net profit jumps 78% to Rs 11,526 crore, …
May 20, 2024 · Oil and Natural Gas Corporation (ONGC) posted an increase of around 78 percent in consolidated net profit at Rs 11,526.53 crore in the fourth quarter of the financial year 2023-24, compared to Rs...