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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)

Larsen & Toubro Says L&T Hydrocarbon Engineering Gets 14.83 Bln-Rupee Order From ONGC
Thursday, 4 Jan 2018 11:03pm EST 

Jan 5 (Reuters) - Larsen & Toubro Ltd ::SAYS L&T HYDROCARBON ENGINEERING SECURES ORDER WORTH ABOUT 14.83 BILLION RUPEES FROM ONGC.  Full Article

Dolphin Offshore Enterprises Gets NoA Of Contract For Western Offshore Platforms Makeover Projects
Friday, 22 Dec 2017 05:53am EST 

Dec 22 (Reuters) - Dolphin Offshore Enterprises India Ltd ::DOLPHIN OFFSHORE ENTERPRISES INDIA - GETS NOA OF CONTRACT FOR WESTERN OFFSHORE PLATFORMS MAKEOVER PROJECTS AGAINST ONGC TENDER.DOLPHIN OFFSHORE ENTERPRISES INDIA - TOTAL AMOUNT FOR AWARD IS $23.8 MILLION PLUS 1.22 BILLION RUPEES INCLUDING TAXES AND DUTIES.  Full Article

Larsen & Toubro says ‍L&T Hydrocarbon Engineering wins 12.67 bln rupees contract from ONGC​
Sunday, 12 Nov 2017 10:37pm EST 

Nov 13 (Reuters) - Larsen & Toubro Ltd :Says ‍L&T Hydrocarbon Engineering wins around 12.67 billion rupees contract from ONGC​.  Full Article

‍Moody's says ONGC's acquisition of HPCL will increase ONGC's leverage to upper limit of its Baa1 rating​
Sunday, 29 Oct 2017 11:49pm EDT 

Oct 30 (Reuters) - Moody's::Moody's says ONGC's acquisition of HPCL will increase ONGC's leverage to upper limit of its Baa1 rating​.  Full Article

Larsen & Toubro unit L&T Hydrocarbon Engineering gets contract from ONGC​
Wednesday, 11 Oct 2017 12:59am EDT 

Oct 11 (Reuters) - Larsen & Toubro Ltd :Says ‍L&T Hydrocarbon Engineering wins around $177 million contract from ONGC​.Says offshore contract for the transportation & installation – Daman Development Project.  Full Article

India's ONGC appoints Shashi Shanker as chairman, MD
Tuesday, 3 Oct 2017 05:52am EDT 

Oct 3 (Reuters) - Oil & Natural Gas Corporation Ltd ::Shashi Shanker appointed as chairman & MD of co w.e.f. Oct 01‍​.  Full Article

Deep industries says high court passes order suspending action of suspension by ONGC
Friday, 11 Aug 2017 09:02am EDT 

Aug 11 (Reuters) - Deep Industries Ltd :Says ONGC, Rajahmundry asset, communicated decision to terminate two contracts for hiring gas dehydration system.Says ONGC, Rajahmundry asset communicated decision of further action of suspension of future business dealings.Says decisions challenged by co in high court, which passed order suspending action by ONGC.  Full Article

BRIEF-India's ONGC buys 80 pct participating interest, operatorship in GSPC's block
Friday, 4 Aug 2017 06:52am EDT 

Corrects headline to clarify ONGC buys participating interest and operatorship in block of GSPC and not in the company:Says ONGC buys 80% stake of GSPC and takes over operatorship rights in block KGOSN- 2001/3.Made advance payment of $200 million to GSPC in respect of future consideration for six discoveries other than Deen Dayal West Field.GSPC remains in block holding 10% PI.Takes over NELP-III block KG-OSN-2001/3 against purchase consideration of US$995.26 million for Deen Dayal West Field in the block‍.ONGC intends to develop an HPHT corridor of oil and gas in the Krishna Godavari basin.Deen Dayal Field will act as pivot in developing nearby HPHT discoveries in Yanam and Godavari PML areas of ONGC, simultaneously.  Full Article

India's ONGC buys 80 pct stake of Gujarat State Petroleum Corp
Friday, 4 Aug 2017 06:38am EDT 

Aug 4 (Reuters) - Oil and Natural Gas Corporation Ltd :Says ONGC buys 80% stake of GSPC and takes over operatorship rights in block KGOSN- 2001/3.Made advance payment of $200 million to GSPC in respect of future consideration for six discoveries other than Deen Dayal West Field.GSPC remains in block holding 10% PI.Takes over NELP-III block KG-OSN-2001/3 against purchase consideration of US$995.26 million for Deen Dayal West Field in the block‍.ONGC intends to develop an HPHT corridor of oil and gas in the Krishna Godavari basin.Deen Dayal Field will act as pivot in developing nearby HPHT discoveries in Yanam and Godavari PML areas of ONGC, simultaneously.  Full Article

India's Oil and Natural Gas Corporation June-qtr profit falls about 8 pct
Thursday, 27 Jul 2017 07:50am EDT 

July 27 (Reuters) - Oil and Natural Gas Corporation Ltd :June quarter profit 38.85 billion rupees versus profit of 42.33 billion rupees last year.Oil and Natural Gas Corporation Ltd consensus forecast for June quarter net profit was 43.25 billion rupees.June quarter total income 199.28 billion rupees versus 187.37 billion rupees last year.  Full Article