Reliance Industries Limited — Important, 29-07-2025: Updates

Reliance Industries (RIL) has signed a Joint Operating Agreement with ONGC and BP Exploration (Alpha) Limited for Block GS-OSHP-2022/2. This exploration block, located off India's western coast in the Saurashtra basin, was previously awarded to the consortium. The partners will now jointly pursue exploration operations in this key area. This strategic business development expands RIL's footprint in hydrocarbon exploration, potentially enhancing its future energy resource base.