Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp on Thursday.

BP looks forward to leveraging its extensive experience in performance optimization and recovery to help increase the output from Mumbai High oil field.

BP will provide technical services to Oil and Natural Gas Corporation (ONGC) to enhance production by up to 60% at the Mumbai High oilfield.

India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.

The Oil and Natural Gas Corporation (ONGC), in partnership with the UK's BP, forecasts a $10.3 billion hike in revenue through increased oil and gas production at Mumbai High field. By leveraging BP's expertise,

ONGC had announced on Wednesday that BP had bagged the contract to operate and enhance production from the former's flagship Mumbai High field which has been witnessing a gradual fall in output for over three decades.

BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields,

State-owned ONGC is set to increase oil and gas production by partnering with BP, leading to a $10.3 billion revenue increment. The partnership focuses on the Mumbai High field, aiming for substantial production increases.

BP has said that it will raise oil output to 477.5 million barrels, while gas production will increase to 47.22 Bcm

BP (NYSE:BP) plans to increase oil production at India's largest field by 44% and gas production by 89%, state-controlled Oil & Natural Gas Corp. said Thursday. The comments came a day after ONGC selected BP (BP) as its technical service provider to help boost production at its flagship Mumbai High field from a baseline of 45.

ONGC has appointed BP as a technical partner for enhancing oil and gas production from India's Mumbai High. BP won the 10-year contract, outbidding Shell, and aims to increase output by up to 60%. BP's role involves analyzing field performance and implementing technological improvements.