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FULFILLING BHARAT PETROLEUM'S ASPIRATIONS
Bharat PetroResources Limited has become the lead operator in an on-land block in India and is also the joint operator in two on-land blocks in India.
Bharat PetroResources Limited has so far invested around USD 1.4 billion for its projects, with commitments in excess of USD 1.5 billion.
The total cumulative outlay till end 2015-16 is approximately to the tune of USD 2.2 billion.
BPRL has incorporated subsidiaries / SPVs in Brazil and in the Netherlands to effectively manage some of its overseas assets.
Bharat PetroResources Limited has equipped itself with a state-of-the-art Workstation and interpretation software for the study of geo-scientific data with the help of experienced geoscientists engaged for the purpose.
BPRL today has reached a mature and healthy place in its business cycle and is poised to contribute significantly to its parent company in due course. In the months and years to come, it has clearly identified a niche for itself to move ahead and is committed to play a key role in the company’s upstream aspirations.
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