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Petroleum Minister witnesses signing of technical services contract

Petroleum Minister witnesses signing of technical services contract
Hardeep Singh Puri, Minister of Petroleum and Natural Gas, witnessed the signing of a Technical Services Contract between India’s PSU energy Maharatna ONGC Limited and global energy major BP to enhance production from fields in Western Offshore Basin.

The agreement marks a significant expansion of the ONGC-bp collaboration from Mumbai High to the fields in the Western Offshore Basin. It will facilitate a wider deployment of advanced technologies, global technical expertise and best-in-class operating practices across some of India’s most important mature hydrocarbon assets.

Collaborations such as these will provide momentum to India’s efforts to enhance domestic production of hydrocarbons as we progress towards reducing our import bills and achieving energy self-sufficiency under the leadership of PM Narendra Modi.

Today’s agreement builds on the Technical Services Contract signed by ONGC and bp for Mumbai High in February 2025. During the first year of collaboration, the two companies successfully moderated production decline and delivered growth through optimization of existing wells, enhanced surveillance and focused reservoir, well and facility-management initiatives.
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