New Delhi: State-owned Oil & Natural Gas Corporation (ONGC) today said it categorically denies the “speculative nature” of a media report regarding the Mumbai High tender and the company’s partnership with bp.
A news item titled “ONGC Cancels Mumbai High Tender, Uncertainty Looms over bp Partnership” was published on 8 May 2025. The article claimed: “A major development has rocked the oil and gas sector. Reports suggest that ONGC has cancelled its much-talked-about Mumbai High tender.”
“ONGC categorically denies the speculative nature of the above report, which creates room for misinterpretation regarding the continuity of ONGC’s strategic partnership with bp,” the company said in a statement.
ONGC also clarified that the contract between ONGC and bp, as the Technical Services Provider (TSP) for the Mumbai High field, remains effective and operating.
