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  #1  
June 21st, 2016, 09:01 AM
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Establishment of ONGC

Hii sir, I want to know about the Establishment of ONGC will you please provide me the information about this?
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  #2  
June 21st, 2016, 10:15 AM
Super Moderator
 
Join Date: Mar 2012
Re: Establishment of ONGC

As you wants to get the information about the Establishment of ONGC the details are as follow:


Establishment:

Mode of incorporation: Oil & Natural Gas Commission (“Commission) was set up in pursuance of the resolution bearing number 22/29/55-ONG dated August 14, 1956 issued by the Ministry of Natural Resources and Scientific Research, Government of India .


Operation :

The company's domestic operations are structured around 11 assets (predominantly oil and gas producing properties),
7 basins (exploratory properties),
2 plants (at Hazira and Uran) and services (for necessary inputs and support such as drilling, geo-physical, logging and well services


Company profile


Promoter – Government of India 68.94%
Government Companies 10.09%
Banks, Financial Inst. & Insurance companies 09.69%
Foreign Institutional Investors (FII) 06.27%
Private Corporate Bodies 01.83%
Individual shareholders 01.65%
Mutual Funds and UTI 01.13%
NRI/Employees 00.11%
Total 100.0%


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