https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

ONGC and BP Sign MoU to Explore Oil, Gas, and Energy Collaborations

The partnership covers strategic collaboration in energy trading and carbon sequestration
Indian Masterminds Stories

Oil and Natural Gas Corporation (ONGC) and BP have signed a Memorandum of Understanding (MoU) to explore collaborations in oil and gas exploration, production, trading, and other energy sectors both in India and globally. The agreement aims to enhance deep-water exploration, optimize mature fields, and facilitate joint bids for offshore acreage under India’s Open Acreage Licensing Program (OALP).

Also Read: Coal India Signs MoU with Curtin University for Critical Minerals Research

The MoU was signed on February 10, 2025, in New Delhi, on the eve of India Energy Week, in the presence of Minister for Petroleum & Natural Gas Mr. Hardeep Singh Puri, Petroleum Secretary Mr. Pankaj Jain (1990-batch IAS officer), ONGC Chairman & CEO Mr. Arun Kumar Singh, and BP Executive Vice President Mr. William Lin, along with senior leaders from both organizations.

The partnership also covers strategic collaboration in energy trading and carbon sequestration. The three-year agreement will enable both companies to leverage their expertise, share best practices, and explore business opportunities in India’s evolving energy landscape.

Also Read: Indian Oil Becomes Bronze Sponsor for Uttarakhand’s First National Games


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IRSSE (Indian Railway Service of Signal Engineers) officer
IRSSE Gaurav Govil Debarred from Central Deputation for 5 Years Over Non-Compliance with CVO Appointment
Delhi High Court-resized-DelhiHC
Faith vs Discipline: Delhi HC Backs Army in Termination of Officer, Upholds Dismissal For Refusing Religious Parade Participation
IRS Officer Indian revenue Services
Senior IRS Officer Caught in Bribery Case: ₹25 Lakh Seized at Mohali Residence, ₹45 Lakh Demanded – Know the Full Story
PNB Housing Finanace
PNB Housing Finance Elevates Bhavya Taneja as Chief Marketing Officer (CMO) - Know More About Him
Air Marshal Jasvir Singh Mann
Air Marshal Jasvir Singh Mann Takes Over as Senior Air Staff Officer, Western Air Command - Know More About Him
Rajgir Sports
Bihar’s Mega Sports Push: Playgrounds, Stadiums & Talent Hunt Transform State; Over 50 Lakh Students Join
Indian Oil IOCL
Indian Oil (IOCL) Finalizes LCOH for India’s Largest Green Hydrogen Plant at Panipat Refinery - Details Inside
RECPDCL Handover WRNES Talegaon Power Transmission Limited SPV to Adani Energy
RECPDCL Hands Over WRNES Talegaon Power Transmission SPV to Adani Energy Solutions - All Details Inside
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Tushar G Nikhare
Modernising Governance: A Digital Transformation in Gangtok
IMG-20250523-WA0036
Abhishek Singh's SECRET: Vipassana, Anthropology & Smart Answer Writing | Video Interview 
Madhav Agarwal UPSC
From Gwalior to the Top 20: What Drove Finance Pro Madhav Agarwal to Crack UPSC CSE 2024 with AIR 16? | Exclusive
ADVERTISEMENT
UPSC Stories
ANUBHAV SINGH UPSC IFS 2024
9 Years, 8 Attempts, 7 Failures: How Anubhav Singh Cracked UPSC IFS 2024 with AIR 3 Against All Odds | Exclusive
Anubhav Singh’s inspiring journey to UPSC IFS Rank 3 showcases relentless perseverance, strategic preparation,...
Jogender Sihag
“I Cleared UPSC, But My Grandfather isn’t Here to Hear it,” Jogender Sihag, AIR 521, UPSC CSE 2024
"Life is short; make the most of it, whether in civil service or any other field. Just have a clear vision...
WhatsApp Image 2025-05-28 at 18.56
Didn’t Clear UPSC But Found Something Greater: A Story That Will Change How You See Success
She left a top finance job for UPSC, did not clear but built a thriving wellness brand instead. Veda's...
Social Media
parveen kaswan elephant
Elephant Outsmarts Electric Fence! IFS Parveen Kaswan Shares Incredible Video!
In the now-viral 51-second clip, the intelligent giant approaches a wooden pole supporting high-voltage...
UPSC Latest IAS IPS IFS
UPSC CSE Prelims 2025 Tomorrow: ICLS Officer Altap Shaikh Shares Last-Minute Motivation for Aspirants
His five-post thread offers encouragement, practical advice, and emotional support - not just for those...
Anupam Sharma IFS
#BoycottTurkey: IFS Officer Anupam Sharma Sparks Nationalist Call to Action
IFS Sharma urged citizens to avoid Turkish agricultural imports
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Leopard into Well Indore
Wildlife on the Edge: Why Leopards Keep Falling into Wells in MP’s Mhow & How Communities Are Navigating Coexistence
Harry Hobbs of Kolkata and Other Forgotten Lives
Nine Colonial Lives That Shaped Calcutta: Devasis Chattopadhyay’s Fascinating Chronicle | Book Review
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IAS Tushar G Nikhare
IMG-20250523-WA0036
Madhav Agarwal UPSC
ADVERTISEMENT
ADVERTISEMENT