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BP signs MoU with Engineers India to strengthen oil and gas capabilities

Collaborations and partnerships are clearly the way forward, and the energy sector is no exception.

BP Signs MoU with Engineers India Ltd

2 min read Last Updated : Feb 11 2025 | 7:50 PM IST

In a significant move, global energy giant BP has signed a memorandum of understanding (MoU) with Engineers India Ltd (EIL) to enhance capabilities in oil, gas, and refining operations.
 
BP, a leading international energy company operating across exploration, extraction, refining, and distribution, is teaming up with EIL, a premier engineering consultancy known for its expertise in design, procurement, construction, and project management.  The agreement, announced on the first day of India Energy Week (IEW) 2025, aims to explore technical support opportunities for BP’s global assets. The MoU, signed in New Delhi, will be valid for three years. Under this partnership, both companies will form joint working teams to identify and develop projects across BP’s refining, terminals, pipelines, oil and gas, and offshore/subsea portfolios. The collaboration may also expand into emerging energy solutions in the future.
 
With BP and EIL joining forces, this partnership highlights India’s growing influence in the global energy market. As the world moves towards a more sustainable energy mix, such collaborations could set the stage for future advancements in both conventional and emerging energy technologies.
 
This collaboration underscores India’s growing importance in the global energy sector. By working with EIL, BP can leverage India’s engineering expertise to enhance its operations worldwide.
 
One hopes BP and EIL will also extend their focus beyond conventional oil and gas to include next-generation technologies like hydrogen, carbon capture, and renewable integration.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Topics :

oil & gas

First Published: Feb 11 2025 | 7:50 PM IST

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