I am engineering final year student and making report on Oil and Natural Gas Corporation. Will you tell details about Punj Lloyd ONGC Dispute and list of ONGC Subsidiaries?

An arbitral tribunal has awarded Rs 54 crore to Punj Lloyd in a dispute with state-run Oil & Natural Gas Corp.

The award will likely help increase the attractiveness of the construction firm for financiers looking to fund litigations over its claims, in the hope of getting a slice of the recoveries.

About ONGC:

Oil and Natural Gas Corporation is an Indian Multinational Crude Oil and Gas Corporation. Its registered office is now at New Delhi, India.

It is a state-owned enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas.

List of subsidiaries:

Presence of ONGC Videsh Limited (OVL) in Latin America;

Brazil (Block BC-10, BM-SEAL-4, BM-BAR-1, BM-ES-42, BM-S-73 & S-74)
Colombia (Block LLA-69, RC-8, RC-9, RC-10, SSJN-7 & CPO-5)
Cuba (Block N-25, N-26, N-27, N-28, N-29 N-34, N-35 & N-36 Block)
Venezuela (Block San Cristobal, Block Carabobo-1)

Presence of ONGC Videsh Limited (OVL) in CIS & Far-East;

Vietnam (Block 06.1, 127, 128)
Myanmar (Block A-1, A-3, AD-2, AD-3 & AD-9, Pipeline Project- PipeCo-1, PipeCo-2)
Russia (Block Sakhalin-I, 69, 70–1, 70–2, 70–3, 77, 80, 85–1, 85–2 and 86)(15% shares in csjc vancourneft company of vancour)
Kazakhstan (Satpayev Exploration Block)

Presence of ONGC Videsh Limited (OVL) in Africa;

Libya (Block NC-189, 81–1, Contract Area 43)
Nigeria (Block OPL 279, OPL 285, Block-2)
Sudan & South Sudan (GNOP/GNPOC/GPOC- 1, 2 & 4, Block 5A, Pipeline- Khartoum-Port Project)
Mozambique (Rovuma Area 1 Offshore)

Presence of ONGC Videsh Limited (OVL) in Middle East;

(Al Furat (4 PSA), Block-XXIV)
"Mangalore Refinery and Petrochemicals Limited":

Contact:

Delhi
Head Co-ordination, ONGC
Deendayal Urja Bhawan, 5A, Nelson Mandela Marg
Vasant Kunj, New Delhi-110070
Telephone: 011-26752021, 26122148 (Office)
011-26129091 (Fax)