Reliance, ONGC and BP sign joint agreement to explore Saurashtra offshore block

Mumbai: Reliance Industries Limited has entered into a Joint Operating Agreement with Oil and Natural Gas Corporation Limited and BP Exploration (Alpha) Limited for the exploration block GS-OSHP-2022/2. This block is located off the western coast in the Saurashtra basin and was awarded to RIL, ONGC, and BP as part of the Hydrocarbon Exploration and Licensing Policy, an official press release stated. The parties will pursue exploration operations in the block pursuant to the terms of the award of the block. DeshGujarat