BP increases its reliance on Indian resources

0
1820
LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link

A 50:50 joint venture to source and market gas in India will give BP a 30% stake in 23 oil and gas blocks operated by Reliance Industries.

The deal was signed in London on 21 February by Mukesh Ambani, the chairman of Reliance Industries, and Robert Dudley, the group chief executive of BP.

Mukesh Ambani and Robert Dudley
Mukesh Ambani and Robert Dudley

Allen & Overy advised Reliance on the deal. Its team was led by oil and gas partners John Geraghty and Paul Griffin and supported by senior associate Michael Burns and associate Ben Malone. Partner Mark Friend and senior associate Victoria Oates provided antitrust advice. The firm worked closely with Reliance’s in-house counsel Atul Dayal and Naveen Raju, and with lawyers at Vinson & Elkins, who were co-counsel to Reliance.

You must be a subscribersubscribersubscribersubscriber to read this content, please subscribesubscribesubscribesubscribe today.

For group subscribers, please click here to access.
Interested in group subscription? Please contact us.

你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章,欢迎成为我们的订阅会员成为我们的订阅会员

已有集团订阅,可点击此处继续浏览。
如对集团订阅感兴趣,请联络我们

LinkedIn
Facebook
Twitter
Whatsapp
Telegram
Copy link