New Delhi, June 25 -- State-owned Oil and Natural Gas Corporation (ONGC) and global energy company bp on Thursday signed a Technical Services Contract (TSC) aimed at enhancing hydrocarbon production from ONGC's fields in the Western Offshore Basin.

Under the agreement, bp has been appointed as the Technical Services Provider (TSP) for ONGC's fields in the Western Offshore Basin. The development marks an expansion of the existing collaboration between the two companies, which began with the Technical Services Provider contract for Mumbai High.

ONGC said the Western Offshore Basin is its most prolific hydrocarbon-producing basin, comprising 43 blocks. The basin has been a major contributor to India's energy requirements for more than four...