In a government survey for fiscal year , it was ranked as the largest profit making PSU in India. From Wikipedia, the free encyclopedia. ONGC climbs 16 ranks to position at “. Retrieved 10 November Retrieved 8 December ONGC has discovered 6 of the 7 commercially producing Indian Basins, in the last 50 years, adding over 7.
Retrieved 13 May This resulted in the discovery of the Rostum oilfield in the early ‘sixties, very soon after the discovery of Ankleswar in Gujarat. Retrieved 9 November Subsequently, over 5 billion tonnes of hydrocarbons, which were present in the country, were discovered. 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. It currently has 38 projects across 17 countries.
Retrieved 31 October Views Read Edit View history. CNX Nifty companies of India. The major part of Indian sedimentary basins was deemed to be unfit for development of oil and gas resources. It is India’s largest oil and gas exploration and production company.
InGovernment 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. Soon, after the formation of the Oil and Natural Gas Directorate, it became apparent that it would not be possible for the Directorate with its limited financial and administrative powers as subordinate office of the Government, to function efficiently. In the then Chairman, Keshav Dev Malaviya, held a meeting with some geologists in the Mussoorie office of the Geology Directorate where he accepted the need for ONGC to go outside India too in order to enhance Indian owned capacity for oil production.
ONGC was owed Rs. This page was last edited on 6 Februaryat Before the independence of India inthe Assam Oil Company in the north-eastern and Attock Oil company in north-western part of the undivided India were the only oil producing companies, with minimal exploration input.
In other projects Wikimedia Commons. Its primary products crude oil and natural gas are dissertaiton the Indian market.
Oil and Natural Gas Corporation – Wikipedia
As on 31 Marchthe company has 33, employees, out of which 2, are women 6. Ina commemorative coin set was issued to dissertwtion the 50th anniversary of the founding of ONGC, making it only the second Indian company State Bank of India being the first to have such a coin issued in its honor.
ONGC supplies crude oil, natural gas, and value-added pngc to major Indian oil and gas refining and marketing companies. ONGC’s operations include conventional exploration and production, refining and progressive development of alternate energy sources like coal-bed methane and shale gas.
Soviet experts later drew eissertation a detailed plan for geological and geophysical surveys and drilling operations to be carried out in the 2nd Five Year Plan — ONGC is holding many sport teams, such as athleticsbadmintonbasketballboxingchesscricketcue sportscarromfield hockeyfootballkabaddishootingtable tennistennisvolleyball and wrestling. The primary business of ONGC Videsh is to prospect for oil and gas acreages outside India, including exploration, development and production 22014 oil and gas.
Archived from the original on 19 July Indian Public Sector Undertaking. From Wikipedia, the free encyclopedia.
ONGC – Recruitment Notices – Oil and Gas jobs
In Aprilthe Government of India adopted the Industrial Policy Resolutionwhich placed Mineral Oil Industry among the schedule ‘A’ industries, the future development of which was to be the sole and exclusive responsibility of the state. The main functions of the Oil and Natural Gas Commission subject to the provisions of the Act, were “to plan, promote, organize and implement programs for development of Petroleum Resources and the production and sale of petroleum and petroleum products produced by it, and to perform such other functions as the Central Government may, from time to time, assign to it “.
A delegation under the leadership of the Minister of Natural Resources visited several European countries to study the status of oil industry in those countries and to facilitate the training of Indian professionals for exploring potential oil and gas reserves. After independence, the Central Government of India realized the importance of oil and gas for rapid industrial development and its strategic role in defense.
ONGC climbs 16 ranks to position at “. Petroleumnatural gasand other petrochemicals. Consequently, while framing the Industrial Policy Statement ofthe development of petroleum industry in the country was considered to be of utmost necessity.
Oil and Natural Gas Corporation
Retrieved 8 April Retrieved 22 July This was the very first diissertation by the Indian public sector in foreign countries and oil from Rostum and Raksh was brought to Cochin where it was refined in a refinery built with technical assistance from Phillips.
The vast sedimentary tract in other parts of Dissertatioon and adjoining offshore remained largely unexplored. So in August,the Directorate was raised to the status of a commission with enhanced powers, although it continued to be under the government.