In other projects Wikimedia Commons. Retrieved 13 May All the major contracts have been awarded and the construction is in full swing. After independence, the Central Government of India realized the importance of oil and gas for rapid industrial development and its strategic role in defense. Retrieved 10 November Archived copy as title Articles with short description Use Indian English from January All Wikipedia articles written in Indian English Use dmy dates from January Pages using deprecated image syntax All articles with unsourced statements Articles with unsourced statements from May Commons category link is on Wikidata.
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. This discovery, along with subsequent discoveries of huge oil and gas fields in Western offshore changed the oil scenario of the country. Public sector undertakings in India List. In April , the Government of India adopted the Industrial Policy Resolution , which 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. Retrieved 26 June Over , individual shareholders hold approx. ONGC is holding many sport teams, such as athletics , badminton , basketball , boxing , chess , cricket , cue sports , carrom , field hockey , football , kabaddi , shooting , table tennis , tennis , volleyball and wrestling.
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. Retrieved 8 December Retrieved 31 October In Octoberthe Commission was converted into a statutory body by an act of the Indian Parliament, which enhanced powers of the commission further. CNX Nifty companies of India. 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.
This was the very first investment 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 dissertatoon Phillips. Retrieved 4 May After independence, the Central Government of India realized the importance of oil and gas for rapid industrial development and its strategic role in defense.
It currently has 38 projects across 17 countries. 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 has discovered 6 of the 7 commercially producing Indian Basins, in the last 50 years, adding over 7.
It is involved in exploring for and exploiting hydrocarbons in 26 sedimentary basins of India, and owns and operates over 11, kilometers of pipelines in the country. As on 31 Marchthe company has 33, employees, out of which 2, are women 6. The department was constituted with a nucleus of geoscientists from the Geological Survey of India. Companies portal Energy portal. ONGC supplies crude oil, natural gas, and value-added products to major Indian oil and gas refining and marketing companies.
Subsequently, over 5 billion tonnes of hydrocarbons, which were present in the country, were discovered. Ina commemorative coin set was issued to mark 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.
Retrieved 8 April It is developing a Archived from the original on 2 May Retrieved 22 July Untilprivate oil companies mainly carried out exploration of hydrocarbon resources of India.
Oil and Natural Gas Corporation – Wikipedia
Experts from Romaniathe Soviet Unionthe United States and West Germany subsequently visited India and helped the government with their expertise. Soviet experts later drew up a detailed plan for geological and geophysical surveys and drilling operations to be carried out in the 2nd Five Year Plan — Despite being owned by the Government of India, ONGC has repeatedly been found not claiming its rightful payments from private players, especially for the use of oil fields, oil rigs and concessions.
Its primary products crude oil and natural gas are for the Indian market. 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 “. The vast sedimentary tract in other parts of India and adjoining offshore remained largely unexplored.
Recruitment Notices – Oil and Gas jobs
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. With this objective, an Oil and Natural Gas Directorate was set up towards the end ofas a subordinate office under the then Ministry of Natural Resources and Scientific Research.
Consequently, while framing the Industrial Policy Statement of disertation, the development of petroleum industry in the country was considered to be of utmost necessity.
Retrieved 10 November All the major contracts have been awarded and the construction is in full swing. Retrieved 9 November