Reliance Industries (RIL) and bp have started production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 - R Cluster, Satellites Cluster and MJ - which together are expected to meet around 15% of India’s gas demand by 2023. These projects will utilize the existing hub infrastructure in KG D6 block. RIL is the operator of KG D6 with a 66.67% participating interest and bp holds a 33.33% participating interest.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
Company Name | CMP |
---|---|
Reliance Industries | 2859.60 |
Indian Oil Corp. | 162.40 |
BPCL | 627.60 |
HPCL | 537.05 |
MRPL | 203.15 |
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