Hardeep Singh Puri & BP

Hardeep Singh Puri: Hardeep Singh Puri, the Minister of Petroleum and Natural Gas, was present at the signing of the technical services contract, indicating government support for the collaboration between ONGC and BP to boost hydrocarbon production.

BP: BP has expanded its technical services partnership with ONGC, securing a contract to enhance hydrocarbon production in India's Western Offshore Basin. This agreement will provide BP with a fixed fee for two years, followed by a service fee linked to incremental production revenue, positively impacting its revenue and market position in India.

Hardeep Singh Puri: Hardeep Singh Puri, India's Minister of Petroleum and Natural Gas, is a key proponent and spokesperson for India's expanded domestic crude exploration, highlighting the nation's pragmatic approach to energy needs.

BP: BP is one of the deepwater exploration experts working with India on its expanded hydrocarbon exploration efforts.