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Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

187.15INR
28 Mar 2017
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Rs187.15
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737,116
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Rs212.00
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Rs133.33

Latest Key Developments (Source: Significant Developments)

Oil & Natural Gas Corp gets members' nod for bonus share issue
Monday, 12 Dec 2016 05:56am EST 

Oil & Natural Gas Corporation Ltd :Gets members' nod for issue of bonus shares.  Full Article

Swiber updates on claims received by the group
Monday, 8 Aug 2016 08:13am EDT 

Swiber Holdings Ltd : Update on claims received by the group and bank guarantees) . Announce that as of 4 August 2016, the total sum of claims received by the group is approximately US$99 million . The company is currently seeking legal advice on the aforementioned claims. . Announce that oil and natural gas corporation limited has called on several bank guarantees which were issued for the daman development project . Punj Lloyd has called on a US$1.475 million bank guarantee provided for wo16 cluster project and sb-14 pipeline project, which has been paid out by the bank. . SOC has since written to notify both ongc and Punj Lloyd that their calls on the aforesaid bank guarantees were wrongfully made . Court has on 4 August 2016 granted an interim order instructing the banks to hold back on any payment of the bank guarantees until the next hearing date . SOC is also in discussions with lawyers on the potential steps that may be taken to preserve its rights in relation to the bank guarantees that have been paid out .  Full Article

Reliance Industries says post cessation of production in Tapti, processing facilities handed to ONGC
Friday, 15 Jul 2016 07:52am EDT 

Reliance Industries Ltd : June-quarter demand for pet was affected by regulations imposed on sale of pharmaceuticals formulations and drought across the country . Post cessation of production in Tapti in March 2016, processing facilities and export pipelines have been handed over to ONGC .  Full Article

Fugro awarded geotechnical site investigation contract by ONGC India
Friday, 15 Jul 2016 01:00am EDT 

Fugro NV : Fugro awarded geotechnical site investigation contract by ONGC India . Value of this contract is approximately USD 26 million . Will deploy its deep water geotechnical vessel, Fugro Voyager, commencing before end of Q3 2016 Further company coverage: [FUGRc.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

Seamec Ltd announces deployment of vessel Seamec II long term charter for 3 years
Monday, 4 Jul 2016 12:55am EDT 

Seamec Ltd : Deployment of vessel Seamec II - long term charter for 3 years . Hal Offshore, awarded loi from ongc; contract valued at $27.7 million .  Full Article

Alphageo (India) gets letters of award of contracts from ONGC Ltd
Tuesday, 7 Jun 2016 02:19am EDT 

Alphageo (India) Ltd : Alphageo received letters of award of contracts from ongc ltd for an estimated value of rs. 1482 crores .  Full Article

ONGC says unit ONGC Videsh acquires 15 pct interest in Vankor field in east Siberia
Tuesday, 31 May 2016 08:31am EDT 

Oil and Natural Gas Corporation Ltd : ONGC Videsh acquires 15% interest in vankor field located in east Siberia of the Russian federation . Rosneft continues to hold remaining 85 percent shares of JSC Vankorneft . With 15 percent, ONGC Videsh's share of daily Oil production would be 66,000 bopd .  Full Article

India's ONGC says capex for FY17 at around 300 bln rupees
Thursday, 26 May 2016 06:30am EDT 

Oil and Natural Gas Corporation Ltd : Oil and Natural Gas Corporation exec says capex for FY 2017 around 300 billion rupees . Oil and Natural Gas Corporation exec says expect CBM blocks to start producing by end of 2017 . Further company coverage [ONGC.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

India's ONGC says offshore Oil production up 2.1 pct to 16.54 mln tonnes in 2015-16
Thursday, 26 May 2016 06:00am EDT 

Oil and Natural Gas Corporation Ltd : Oil and Natural Gas Corporation - Offshore Oil production up by 2.1 percent to 16.54 million tonnes in 2015-16 - statement . Oil and Natural Gas Corporation says ONGC March-quarter realisation at $34.88 per bbl versus $ 55.63 per bbl - statement . Oil and Natural Gas Corporation says crude Oil production in March quarter at 5.48 million tonnes versus 5.54 million tonnes - statement . Oil and Natural Gas Corporation says gas production in Q4 4.91 bcm versus 5.43 bcm - statement . Oil and Natural Gas Corporation says OVL FY 2016 loss at 20.94 billion rupees - statement . Oil and Natural Gas Corporation says ONGC notifies two discoveries in 2016-17 - statement . Further company coverage [ONGC.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

India's ONGC March-qtr profit up about 12 pct
Thursday, 26 May 2016 05:38am EDT 

Oil and Natural Gas Corporation Ltd : Oil and natural gas corp - recommended final dividend of INR 3.25 per share . India's Oil and Natural Gas Corp - March-quarter net profit 44.16 billion rupees versus net profit of 39.35 billion rupees year ago . India's Oil and Natural Gas Corp - March-quarter net sales 161.40 billion rupees versus 213.03 billion rupees year ago . India's Oil and Natural Gas Corp - March-quarter exceptional items 8.52 billion rupees .  Full Article

More From Around the Web

India top oil explorer takes profit hit from royalty payments

NEW DELHI, Feb 21 India's Oil and Natural Gas Corp will take a 16 billion rupee ($239 million) hit to its quarterly earnings to account for previous royalty payments to Indian states, the oil exploration company's finance head A. K. Srinivasan said.