In February, Reliance had agreed to sell a stake in 23 of its oil and gas blocks, including some in the KG basin, to BP in a USD 7.2 billion deal, and is expected to benefit from BP's deepwater exploration expertise.
The partnership will synergies BP's worldwide deep-water expertise with Reliance's project execution capabilities and efforts in India's deepwater basins to form an unparallelled combination, he said.