ONGC Awards Rs. 11,740.86 Crores Contract For Oil And Gas Field
Oil and Natural Gas Corp (ONGC) has awarded a contract worth Rs 11,740.86 crores for development of its mega KG-D5 oil and gas fields to...
Tag : ONGC
Numaligarh Refinery Records Their Highest Ever Revenue In FY18
Numaligarh Refinery Limited (NRL), an Assam based public sector refinery, recorded their highest ever Revenue from operation at Rs. 15,932 crores during the financial year...
Mangalore Refinery And Petrochemicals Ltd Q1 Profit Up By 54.54%
Mangalore Refinery and Petrochemicals Limited (MRPL), which is an oil refinery at Mangalore and is a subsidiary to ONGC, reported the profit for the first...
Hindustan Petroleum Profit Rise By 86% In Q1 FY19
State-controlled Hindustan Petroleum Corporation Limited (HPCL) released their first quarterly financial report for the current fiscal period. HPCL registered a net profit of Rs.1719.20 crore...
Aban Offshore bags contract from ONGC
Aban Offshore’s step-down subsidiary Aban Singapore Pte, has received a letter of award from Oil and Natural Gas Corporation (ONGC), for deployment of jack-up rig deep...
Dolphin Offshore secures a contract from ONGC
Dolphin Offshore Enterprises’ consortium has bagged an order worth Rs.154 crore. The consortium of HAL Offshore, Dolphin Offshore Enterprises and JK Surface Coatings has received...
ONGC proposes to sell OPaL stake to fund HPCL acquisition
ONGC proposes to sell its stake in ONGC-Petro Additions Ltd (OPaL), to fund acquisition of HPCL. As per a senior official, “We traditionally have been a debt-free...
Essar Oilfields wins order from ONGC worth Rs.32 crore
Essar Oilfields Services India Ltd, has received a contract from ONGC to drill 30 wells at a coal-bed methane (CBM) block in Bokaro, Jharkhand. The...
ONGC receives govt approval to sell stake in IOC, GAIL
Oil and Natural Gas Corp (ONGC) has received government approval for selling its stake in IOC and GAIL, to fund HPCL acquisition worth Rs.36,915 crore. Currently,...
ONGC to acquire 51.11% stake in HPCL
Oil and Natural Gas Corporation (ONGC) to acquire 51.11% stake in Hindustan Petroleum Corporation (HPCL) for Rs.369.15 billion. The acquisition price is at 13.8% premium...