Ongc

INTRODUCTION ONGC stem of Companies comprises of cover and Natural bollix up Corporation confine (ONGC - The Parent Company); ONGC Videsh throttle (OVL a wholly owned marcher of ONGC); ONGC Nile Ganga BV (ONG BV - a wholly owned secondary of OVL) and Mangalore Refinery and Petrochemicals Limited (MRPL - a subsidiary of ONGC). inunct and Natural Gas Corporation Limited (ONGC) is Indias Most Valuable Company, having a market share of higher up 80% in Indias Crude Oil and Natural Gas Exploration and Production. ONGC registered the highest profit among all Indian companies at US $ 1.92 billion (Rs. 8664.4 Crore) in the year 2003-04. Its production of Crude Oil in 2003-04 was 26.7 MMT and of Natural Gas 25.70 Billion Cubic Meters. ONGC excessively produce Value-Added Products (VAP) like C2-C3; LPG; Naphtha and SKO. ONGC Videsh Limited (OVL) is overseas arm of ONGC, occupied in Exploration & Production Activities. It trans-nationally operates E&P transmission line in 10 countries, making ONGC the biggest Indian Multinational Corporation. In recent years, it has laid footholds in hydrocarbon acreage in diverse countries including Ivory Cost and Australia. ONGC Nile Ganga BV is a wholly owned subsidiary of OVL and has equity in producing field in Sudan. Mangalore Refinery and Petrochemicals Limited (MRPL), where ONGC presently owns 71.

6% equity, were taken over by ONGC in March 2003. nether ONGCs management control, MRPL has seen a major turnaround and its market rating has increased 1100%. MRPL has one of the modern refineries in India at Mangalore having yearbook capacity of 9.69 MMTPA. It is the most energy-efficient refinery in India and has a two-digit energy magnate of 85%. ONGC envisages organizing Import/International Sale of Crude Oil and Export of Petroleum Products through Tendering Procedure for all the Group Companies. However, it would be restricted to the Companies/ Firms/ Vendors registered with ONGC on its approved Vendor Lists. HISTORY 1947 1960 During the pre-independence... If you unavoidableness to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!