Reliance Petroleum Limited is a company owned by 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. RPL also benefits from a strategic alliance with Chevron India Holdings Private Limited (Singapore), a wholly owned subsidiary of Chevron Corporation USA (Chevron), which currently holds a 5% equity stake in the Company. 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.