ONGC, BP, and Reliance Ink Joint Operating Agreement for Offshore Block

, !BP Exploration (Alpha) Ltd, and Reliance Industries Ltd (RIL) have signed a Joint Operating Agreement (JOA) for offshore exploration of Block GS-OSHP-2022/2 in the Saurashtra Basin. The block, awarded under the Open Acreage Licensing Policy (OALP) Bid Round-IX, covers approximately 5,454 square kilometers. ONGC is designated as the Operator of the consortium to explore the hydrocarbon potential of the region. The agreement was signed on 28 July 2025, in New Delhi.