RIL, ONGC, BP Exploration (Alpha) Begin Work on Exploration Block GS-OSHP-2022/2

Reliance Industries Limited (“RIL”) has entered into a Joint Operating Agreement with Oil and Natural Gas Corporation Limited (“ONGC”) and BP Exploration (Alpha) Limited (“BP”) for the exploration Block GS-OSHP-2022/2 (“Block”). This Block in located off the western coast in Saurashtra basin and was awarded to RIL, ONGC and BP as part of Hydrocarbon Exploration and Licensing Policy. Parties will pursue exploration operation in the Block pursuant to the terms of award of the Block.