Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp on Thursday.

ONGC said TSP will receive a fixed fee for the first two years, followed by a service fee based on a percentage share of the revenue from net incremental hydrocarbon production

New Delhi, Jan 8 (PTI) BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday.

India's top explorer Oil And Natural Gas Corp on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.

State-run explorer ONGC has decided to rope in BP as technical partner to boost oil and gas production from Mumbai High India’s crown jewel, which will become the UK major’s second operating project in India and mark the first notable MNC entry in the country’s upstream sector following reforms initiated by the Narendra Modi government.

India’s Oil and Natural Gas Corporation said on Wednesday that energy major BP Plc has won a bid to be the company’s technical service provider for boosting oil and gas production from Mumbai High field off the west coast of India.