BP p.l.c. (LSE:BP.) and Reliance Industries Limited (NSEI:RELIANCE) entered into an agreement to acquire remaining 10% stake in KG-D6 block from Niko Resources Ltd. (OTCPK:NKRS.F) for $36 million on May 31, 2019. Reliance Industries Limited and BP p.l.c. split Niko's share in proportion to their existing shareholding in the KG-D6 block. Post transaction, Reliance Industries Limited will hold 66.67% stake and BP p.l.c. will hold 33.33% stake in KG-D6 block.

BP p.l.c. (LSE:BP.) and Reliance Industries Limited (NSEI:RELIANCE) completed the acquisition of remaining 10% stake in KG-D6 block from Niko Resources Ltd. (OTCPK:NKRS.F) on September 15, 2019.