Deal insight

BP acquires 30% stake in 23 Reliance blocks, including the Dhirubhai gas field

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image

Report summary

On 21 February 2011, BP announced that it will pay up to US$9 billion for a 30% stake in 23 blocks including the producing D6 area and 22 other exploration blocks in India. An initial payment of US$7.2 billion dollars will be made in three parts during 2011. This will be followed up by further payments of up to US$1.8 billion depending on exploration success. The transaction marks another bold move by BP who is seeking to re-build its upstream credentials post Macondo. Through the deal, BP ...

What's included

This report contains

  • Document

    BP acquires 30% stake in 23 Reliance blocks, including the Dhirubhai gas field

    PDF 757.02 KB

Table of contents

Tables and charts

This report includes 6 images and tables including:

Images

  • Map

Tables

  • Upstream assets: Table 1
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2
  • Deal analysis: Table 1
  • Deal analysis: Table 2

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898