Reliance, BP take over Niko's 10% stake in KG-D6 block

Sources with knowledge of the development said the oil minister has given 'unconditional' nod to Reliance and BP for taking over 10% interest of Niko in KG-DWN-98/3 or KG-D6 block in the Bay of Bengal. Reliance and BP split Niko's share in proportion to their existing shareholding in the block.

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