BG EXPLORATION AND PRODUCTION INDIA LTD
BG Exploration and Production India Ltd is a part of the British Gas (BG) Group, a major international energy company involved in exploration, production, transmission, and distribution of gas, as well as electricity generation and distribution. The BG Group has a global presence with operations in over 25 countries.
Key Points About BG Exploration and Production India Ltd:
Operations in India:
- BG Exploration and Production India Ltd focuses on the exploration and production of hydrocarbons in India.
- It has been involved in several upstream activities, including the development and production of natural gas fields.
Key Projects:
- One of the notable projects in India was the involvement in the Panna-Mukta and Tapti fields. These fields are located offshore in the western part of India and have been significant contributors to India's natural gas supply.
Partnerships:
- BG Exploration and Production India Ltd has worked in partnership with other major oil and gas companies. In the aforementioned fields, the company partnered with Reliance Industries Limited (RIL) and the Oil and Natural Gas Corporation (ONGC).
Market Position:
- The company has been a significant player in the Indian oil and gas sector, contributing to the domestic supply of natural gas and supporting the country’s energy requirements.
Acquisitions and Changes:
- The BG Group was acquired by Royal Dutch Shell in 2016, one of the largest acquisitions in the oil and gas sector. Following this acquisition, BG’s assets, including BG Exploration and Production India Ltd, became part of Shell’s global portfolio.
Corporate Responsibility:
- BG Exploration and Production India Ltd has typically maintained a focus on responsible operations, adhering to high standards of safety, environmental stewardship, and community engagement.
Current Status:
Since the acquisition by Royal Dutch Shell, the operations and assets of BG Exploration and Production India Ltd have been integrated into Shell’s business operations. Shell continues to be a significant player in India’s energy sector, focusing on both upstream and downstream activities, including exploration, production, refining, and retailing of petroleum products.
Conclusion:
BG Exploration and Production India Ltd played a key role in India's energy sector, particularly in the exploration and production of natural gas. Following the acquisition by Royal Dutch Shell, its legacy continues under one of the world's leading energy companies, contributing to India’s ongoing energy security and development.
Ships
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Single Point Mooring | Flag: India
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