Bharat Petroleum entered the upstream sector in 2003 with the aim of providing partial supply security of crude and hedging of price risks, to become a vertically integrated oil company and to add to company’s bottom line.
Considering the need for a focussed approach for E&P activities and implementation of investment plans of Bharat Petroleum at a quicker pace, a wholly owned subsidiary company of Bharat Petroleum, by the name Bharat PetroResources Limited was incorporated in October 2006, with the objective of carrying out Exploration and Production activities.
