Maharatna ONGC is the largest crude oil and natural gas company in India, contributing around 70 per cent to Indian domestic production. The company ranks 11th among global energy majors (Platts). It is the only public sector Indian company to feature in Fortune’s ‘Most Admired Energy Companies’ list. The company also ranks 18th in ‘Oil and Gas operations’ and 183rd overall in Forbes Global 2000. Acclaimed for its Corporate Governance practices, Transparency International has ranked ONGC 26th among the biggest publicly traded global giants. It is most valued and largest E&P Company in the world, and one of the highest profit-making and dividend-paying enterprise. ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services. Winner of the Best Employer award, this public sector enterprise has a dedicated team of over 33,500 professionals who toil round the clock in challenging locations.
Company Website: www.ongcindia.com
Oil and Natural Gas Corporation (ONGC) – Making Tomorrow Brighter
| 2019 | ONGC Videsh makes two new oil discoveries in Colombia, Brazil ONGC adopts Energy Strategy 2040 |
| 2018 | Completed acquisition 51.11 per cent stake in Hindustan Petroleum Corporation Limited (HPCL) |
| 2014 | Completed acquisition of Videocon Group's 10 per cent stake in Rovuma Area I Block in Mozambique offshore |
| 2010 | Initiated Coal Bed Methane production |
| 2004 | Government of India divests 10 per cent stake |
| 2003 | Acquisition of Mangalore Refineries Petrochemicals Ltd from Birla Group |
| 1993 | Government of India divests 2 per cent stake |
| 1984 | GAIL formed out of ONGC |
| 1974 | Discovered Mumbai High |
| 1970 | Dug its first offshore well |
| 1965 | Creation of ONGC Videsh |
| 1963 | Oil discovery in Assam |
| 1960 | Oil discovery in Gujarat |
| 1958 | First oil discovery in Cambay |
| 1955 | Inception of ONGC |
Updated: May, 2019