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Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Dolphin Offshore Enterprises gets $3.99 mln contract from ONGC
Tuesday, 17 May 2016 07:34am EDT 

Dolphin Offshore Enterprises India Ltd : Dolphin offshore enterprises (india) ltd.- ONGC has awarded contract to co for undrwater structural repair worth about $3.99 million . signed charter party deal with sanat gostar kish co for deployement of vessel e francis and diving personnel in Middle East .  Full Article

Oil and Natural Gas Corporation Ltd in talks to up stake in NK Rosneft' OAO's Vankor oilfield-Reuters
Thursday, 24 Dec 2015 09:18am EST 

NK Rosneft' OAO:India's Oil and Natural Gas Corporation Ltd (ONGC) is in talks to increase its stake in Vankor oilfield owned by Russia's top oil producer Rosneft, official documents showed on Dec. 24-Reuters.The documents, signed during Indian Prime Minister Narendra Modi's visit to Moscow, also call for cooperation between Russian and Indian companies in offshore and onshore exploration and production of hydrocarbons in Russia.  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.