#1
January 16th, 2016, 01:00 PM
| |||
| |||
ONGC Was Set Up In
Hello, I want to know the details of the ONGC establishment and history. Will you please provide me?
|
#2
January 16th, 2016, 01:01 PM
| |||
| |||
Re: ONGC Was Set Up In
Hello, here I am providing you the details of the ONGC establishment and history as under: History of the company: After independence, the Central Government of India realized the importance of oil and gas for rapid industrial development and its strategic role in defence. Consequently, while framing the Industrial Policy Statement of 1948, the development of petroleum industry in the country was considered to be of utmost necessity. in 1955, Government of India decided to develop the oil and natural gas resources in the various regions of the country as part of Public Sector development. With this objective, an Oil and Natural Gas Directorate was set up in 1955 under the then Ministry of Natural Resources and Scientific Research. Product Revenue Crude Oil 562.38 Gas 168.88 LPG 31.48 Naptha 76.80 C2-C3 13.44 SKO 3.69 Others 1.59 Subsidiaries ONGC Videsh Limited (OVL) is the international arm of ONGC. It was rechristened on 15 June 1989. It currently has 14 projects across 16 countries. Its oil and gas production reached 8.87 MMT of O+oEG in 2010, up from 0.252 MMT of O+OEG in 2002/03. ONGC holds 100% stake in ONGC Videsh Limited Functions: MoU with MoPNG 2015-16 HSE Business Development Business Partners Material Management Human Resources Rajbhasha Right to Information (RTI) Vigilance Institute of Drilling Technology Contact details: Oil and Natural Gas Corporation Limited Jeevan Bharti, Tower No. 2, 124, Indira Chowk, Janpath, Connaught Place, New Delhi, Delhi 110001 011 2331 0156 |