Ongc

ONGC Represents India's Energy Security Through its Pioneering Efforts. Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 71per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL,HPCL and MRPL(Last two are subsidiariesof ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas LPG. ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services. Winner of the Best Employer award, this public sector enterprise has a dedicated team of around 27,000 professionals who toil round the clock in challenging locations. ONGC Videsh Limited, a Miniratna Schedule “A” Central Public Sector Enterprise (CPSE) of the Government of India under the administrative control of the Ministry of Petroleum & Natural Gas, is the wholly owned subsidiary and overseas arm of Oil and Natural Gas Corporation Limited (ONGC), the flagship national oil company (NOC) of India. The primary business of ONGC Videsh is to prospect for oil and gas acreages outside India, including exploration, development and production of oil and gas. ONGC Videsh owns Participating Interests in 35 oil and gas assets in 15 countries and produced about 30.3% of oil and 23.7% of oil and natural gas of India’s domestic production. In terms of reserves and production, ONGC Videsh is the secon...

Oil and Natural Gas Corporation Limited is a global energy holding company. The Company is engaged in the exploration, development and production of crude oil and natural gas. The Company's segments include Exploration & Production (E&P), and Refining. The Company's geographical segments include operations in two categories: In India, which includes Onshore and Offshore, and Outside India. The Company's business spread include various areas, such as oil field services, transportation of the oil and natural gas, and production of value-added products, such as Liquefied Petroleum Gas (LPG), Naphtha, Refining, Petrochemicals, Power, unconventional and alternate sources of energy. The Company's subsidiaries include ONGC Videsh Limited (OVL), Mangalore Refinery and Petrochemicals Limited (MRPL) and ONGC Mangalore Petrochemicals Limited. The Company's oil and gas reserves are located internationally at Russia, Colombia, Vietnam, Brazil and Venezuela. ONGC: With SL 150, ONGC is performing well on CMP 156. I think it has the ability to reach 160, 170, or 180 based on positioning. I am neither a SEBI registered advisor nor a financial advisor. Consult your financial counselor before making an investment. ONGC: With SL 150, ONGC is performing well on CMP 156. I think it has the ability to reach 160, 170, or 180 based on positioning. I am neither a SEBI registered advisor nor a financial advisor. Consult your financial counselor before making an investment. Observations:: ------>> Fa...

Number of employees 27,165 (as of March 2022) • • • • • • • Website .ongcindia .com The Oil and Natural Gas Corporation Limited ( ONGC) is an Indian In a survey by the Government of India for fiscal year 2019–20, it was ranked as the largest profit making ONGC is involved in exploring for and exploiting ₹ 89765.78 billion (an increase of ₹ 17889.89 million over the previous financial year) towards the under-recoveries of Oil Marketing Companies ( History [ ] Foundation to 1956 [ ] Before the independence of India in 1947, the After independence, the Central Government of India realized the importance of Until 1955, private oil companies mainly carried out exploration of hydrocarbon resources of India. In In 1955, the Government of India decided to develop the oil and natural gas resources in the various regions of the country as part of the Public Sector development. With this objective, an Oil and Natural Gas Directorate was set up towards the end of 1955, as a subordinate office under the then Ministry of Natural Resources and Scientific Research. The department was constituted with a nucleus of geoscientists from the A delegation under the leadership of the Minister of Natural Resources visited several European countries to study the status of the oil industry in those countries and to facilitate the training of Indian professionals for exploring potential oil and gas reserves. Experts from In April 1956, the Government of India adopted the Soon, after the formation of ...

A team comprising more than 27,000 dedicated professionals toil round the clock to amplify the performance figures of ONGC’s exploration and production activities of oil & gas and related oil-field services. Needless to emphasize, this has been made possible by the men & women behind the machines who have built & nurtured a world-class human capital poised for leadership in the energy business. Despite facing an economic slowdown owing to the COVID-19 pandemic & Ukraine-Russia conflict, ONGC manifested its resilience & outstanding performance by posting its highest-ever net profit of Rs 403,057 million against Rs 112,464 million during FY'21. Oil & gas production (inclusive of Joint Ventures) stood at 43.39 MMTOE versus 45.35 MMTOE in the preceding fiscal year. Being an integrated Oil & Gas Corporate displaying a dynamic in-house capability in all aspects of exploration & production business, ONGC contributes to around 70% of India's crude oil and around 84% of its natural gas production. Its structured & holistic approach is assured to play a major role in transforming the Maharatna into India's energy anchor. Our wholly-owned subsidiary & overseas arm, ONGC Videsh owns Participating Interests in 32 oil and gas assets across 15 countries. Being the second largest petroleum company of India in terms of reserves and production, next only to its parent company, ONGC Videsh registered production worth 12.330 MMTOE from overseas assets in FY 2021-22.