Mumbai, June 25 -- After the technical services provider (TSP-1) contract for Mumbai High, Oil & Natural Gas Corpn (ONGC) and bp have signed a new technical services contract on 25 June 2026. Under the agreement, bp

has been appointed as the TSP for ONGC's fields in the Western Offshore Basin.

As India's National Oil Company, ONGC plays a pivotal role in strengthening the country's energy security, accounting for approximately 64 per cent of India's domestic crude oil and natural gas production. Comprising 43 blocks, the Western Offshore Basin is ONGC's most

prolific hydrocarbon-producing basin and has contributed significantly to India's energy requirements for over four decades.

The agreement marks a significant expansion of the ONG...