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DISCOVERING NEW SOURCES OF HYDROCARBONS
Bharat Petroleum entered the upstream sector in 2003 with the aim of providing partial supply security of crude and hedging of price risks and to become a vertically integrated oil company.
With the additional aim of strengthening the company’s bottom line,a wholly owned subsidiary company of Bharat Petroleum, by the name Bharat PetroResources Limited (BPRL) was incorporated in October 2006.
BPRL was set up with the objective of carrying out Exploration and Production activities considering the need for a focussed approach for Exploration and Production activities and implementation of investment plans of Bharat Petroleum at a quicker pace.
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