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BP. Bp Plc

530.30
4.00 (0.76%)
Last Updated: 08:25:52
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 0.76% 530.30 529.90 530.10 530.50 528.30 529.30 1,159,577 08:25:52
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.89 89.78B

BP Sanctions Satellite Cluster Project Offshore India

19/04/2018 10:02am

Dow Jones News


Bp (LSE:BP.)
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By Oliver Griffin

 

BP PLC (BP.LN) said Thursday that it has sanctioned the Satellite cluster project in Block KGD6, offshore India, with Reliance Industries Ltd. (500325.BY).

The oil-and-gas company said the Satellite cluster is the second of three projects on Block KGD6, which is 30% owned by BP.

The first of the three projects was sanctioned in 2017, according to BP, which said that combined, the projects will develop a total of about 3 trillion cubic feet of gas reserves, with a total investment of $6 billion.

 

Write to Oliver Griffin at oliver.griffin@dowjones.com

 

(END) Dow Jones Newswires

April 19, 2018 04:47 ET (08:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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