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Bharat Petroleum entered the upstream sector in 2003 with an aim to provide partial supply security of crude and hedging of price risks and to become a vertically integrated oil company.
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 focused approach in Exploration and Production activities and implementation of investment plans of Bharat Petroleum at a faster pace.
Formation of E&P Setup in BPCL (2003)
Bharat PetroResources Limited was incorporated (2006)
New Exploration Licensing Policy VI ( 5 Blocks) (2007)
Brazil & Mozambique Acquisition (2008)
Indonesia Entry (2009)
Entry into Shale Gas Entry Australia (2010)
BPRL becomes Lead Operator (2012)
Schedule B Reserve Certification Acquisition (2013)
20 successful Discoveries and Appraisals (2014)
22 Discoveries (2015)
Russian Acquisition (2016)
Director
Director (Operations & Business Development), In Charge, BPRL
Director (Finance)
Government Director
Independent Director
1. Shri Ajay Kumar V. ceased to be Managing Director of the Company w.e.f. 01.04.2020
2. Smt Indrani Kaushal ceased to be Director of the Company w.e.f. 27.05.2019
3. Shri Praphullachandra Sharma ceased to be Director of the Company w.e.f. 28.03.2019
To become a recognised player in the upstream sector. Enhance stakeholder value through focus on early monetization, operatorship, and achieve and manage efficiently a balanced portfolio of assets.
BISPL
BPRL International BV - consolidated
BPRL International BV - standalone
BPRL International Ventures BV
BPRL Ventures BV
BPRL Ventures Indonesia BV
BPRL Ventures Mozambique BV