NEW DELHI, Sept 25 Reuters Global energy major BP said on Wednesday it is holding a board meeting in India this week, as it scouts for more opportunities in the country.
India, the world39;s thirdbiggest oil importer and consumer, wants to quickly raise its oil and gas output, which has been stagnant for years.
In June, the government had said that the country39;s top exploration company Oil and Natural Gas Corp was seeking a technical tieup with a global oil major to boost production from its western offshore Mumbai High fields.
We see growing business opportunities, including through our worldclass partnership with Reliance, producing the country39;s gas and growing our joint retail presence, BP CEO Murray Auchincloss said in a statement on Wednesday.
The BP board, on a fiveday visit to the country, met India39;s Oil Minister Hardeep Singh Puri on Tuesday.
Robust partnership between the global energy major and India which spans across the entire energy value chain including exploration and production, biofuels, fuel retail and other emerging areas will continue to grow further, Puri said in a post on social media platform X.
BP, in a tieup with Reliance Industries, operates 1,900 fuel retail stations across India and produces oil and gas from a deepwater block in the KrishnaGodavari basin, off the country39;s east coast.
The RelianceBP tieup has teamed up with ONGC to bid for exploration rights for an offshore block in India, according to the website of…