Jio-bp

Jio-bp, or legally Reliance BP Mobility Limited, formally known as Reliance Petroleum is an Indian petroleum company that specializes in oil and energy, owned by Mukesh Ambani of Reliance Industries Limited (RIL), one of India's largest private sector companies. It is based in Ahmedabad, Gujarat, India and has interests in the downstream oil business and operates over 1700 Retail Fuel Outlets in India comprising of both dealer owned dealer operated and company owned company operated. RPL was merged with Reliance Industries Limited on 29 September 2009.

Jio-bp Ltd
Company typeSubsidiary
Industry
  • Petroleum
  • Natural Gas
Founded2008 (2008) Merged with BP on : 2020 (2020)
HeadquartersAhmedabad, Gujarat, India
Key people
Mukesh Ambani
Products
  • Petroleum
  • Oil
  • Natural Gas
Revenue14,869 crore (US$1.9 billion) (2023)
Net income
−915 crore (US$−110 million) (2023)
Total assets 4,518 crore (US$570 million) (2023)
ParentReliance Industries (51%)
BP (49%)
Websitejiobp.com

Reliance Petroleum and RIL own / have long term chartered two oil rigs – DD KG-1 and DD KG-2 (DD standing for Dhirubhai Deepwater). They are both drilling ships registered in Marshall Islands and owned by Deepwater Pacific Inc., a subsidiary of Transocean.

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