Reliance, ONGC, BP sign operating agreement for the Saurashtra Basin

Reliance Industries 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 the Saurashtra Basin, India and was awarded to 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.