Agroup of companies that includes the overseas arm of Oil and Natural Gas Corp. Ltd (ONGC) has won a joint bid to develop two crude oil blocks in Venezuela’s rinoco petroleum belt.The global consortium includes ONGC Videsh Ltd (OVL), Indian Oil Corp. Ltd (IOC), Oil India Ltd (OIL), Spain’s Repsol YPF and Malaysia’s Petroliam Nasional Bhd (Petronas).
Read more »ONGC exapands its business by winning joint bid to develop crude oil blocks in Venezuela
A Tribute Subir Raha Former ONGC Chairperson
It couldnt have been more apt. The most generous tribute to former ONGC chairman Subir Raha comes from somebody with whom he had a hugely uneasy relationship. After Raha lost more-than-a-year-long battle with cancer on Monday, former petroleum minister, Mani Shankar Aiyar, said he found in Raha a man worthy of my steel, particularly when we disagreed.
Read more »Oil and Natural Gas Corp (ONGC) bagged most blocks in hydrocarbon auction
Oil and Natural Gas Corp (ONGC) has bagged 13 blocks in the latest round of auction of hydrocarbon assets, which saw only about half of the oil blocks receiving bids.
Read more »Andhra Pradesh Government set to tie up with ONGC for Oil Exploration
The Andhra Pradesh government is likely to firm up the proposal to join hands with state-owned ONGC to bid for oil blocks under the New Exploration and Licensing Policy (NELP).
Read more »Oil and Natural Gas Corporation(ONGC) has Cancelled Offshore’s Oil rig deal
Oil and Natural Gas Corporation LTD ONGC has ended a five-year, $266-million (around Rs1,320 crore) contract to hire a shallow water oil rig from Great Offshore Ltd, an official of the oil explorer said on Friday,Click on the link to read the rest of the story.
Read more »Oil and Natural Gas Corporation ONGC to start sub surface exploration for Uranium
Oil exploration major ONGC today said it has signed a memorandum of understanding with the Uranium Corporation of India for sub surface exploration of Uranium.The sub surface exploration for Uranium would be done in the states of Gujarat and Rajasthan, ONGC CMD R S Sharma told reporters here today.
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