Edition:
India

Oil and Natural Gas Corporation Ltd (ONGC.BO)

ONGC.BO on Bombay Stock Exchange

169.75INR
21 Aug 2018
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Latest Key Developments (Source: Significant Developments)

ONGC Says Consortium Of Sakhalin-1 Project Participants Negotiating Settlement With Rosneft
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Oil And Natural Gas Corporation Ltd ::CLARIFIES ON NEWS ITEM ON ROSNEFT FILING LAWSUIT AGAINST SAKHALIN-1 PROJECT PARTICIPANTS INCLUDING CO.PARTICIPANTS' CONSORTIUM IS NEGOTIATING A SETTLEMENT WITH ROSNEFT ON DISPUTED MATTERS.ONGC - ROSNEFT CLAIMED COMPENSATION INCLUDING ALLEGED DAMAGES FOR 2005-2011 PERIOD DURING WHICH ROSNEFT DID NOT HOLD THE NORTH CHAYVO LICENSE.SAYS SETTLEMENT AMOUNT UNDER DISCUSSION IS LESS THAN 10 PERCENT OF AVERAGE ANNUAL CONSORTIUM BUDGET.ONGC - SETTLEMENT PROPOSALS BY CONSORTIUM ON DISPUTED MATTERS SHALL NOT BE REPRESENTED OR CONSTRUED AS AN ADMISSION OF LIABILITY OR WRONGDOING.  Full Article

India's Oil And Natural Gas Corporation June-Qtr Profit Rises 58 Pct
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Oil and Natural Gas Corporation Ltd ::JUNE QUARTER PROFIT 61.44 BILLION RUPEES VERSUS PROFIT OF 38.85 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER NET PROFIT WAS 66.43 BILLION RUPEES.JUNE QUARTER REVENUE FROM OPERATIONS 272.13 BILLION RUPEES VERSUS 190.74 BILLION RUPEES LAST YEAR.  Full Article

Seamec Ltd says Consortium Including Co Gets Charter Hire Contract From ONGC
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Seamec Ltd::ONGC GIVEN NOTIFICATION OF AWARD TO CONSORTIUM OF CO, ADSUN OFFSHORE DIVING CONTRACTORS FOR CHARTER HIRE OF VESSEL SEAMEC III FOR 1 YEAR.TOTAL CONTRACT VALUE $22.1 MILLION.VESSEL IS LIKELY TO BE MOBILIZED IN NEXT WORKING SEASON COMMENCING FROM OCTOBER, 2018.  Full Article

Aban Offshore Says Unit Got LoA From ONGC For Deployment Of Jack-Up Rig Deep Driller 8
Tuesday, 3 Jul 2018 

July 3 (Reuters) - Aban Offshore Ltd ::ABAN SINGAPORE PTE RECEIVED LOA FROM ONGC FOR DEPLOYMENT OF JACK-UP RIG DEEP DRILLER 8 FOR FIRM PERIOD OF 2 YEARS.DEPLOYMENT LIKELY TO COMMENCE DURING Q4.  Full Article

Jindal Drilling & Industries Says Rig Jindal Explorer Commenced Operation Under Contract Awarded By ONGC
Friday, 11 May 2018 

May 11 (Reuters) - Jindal Drilling And Industries Ltd ::SAYS RIG JINDAL EXPLORER COMMENCED OPERATION UNDER CONTRACT AWARDED BY ONGC TO CO.  Full Article

Essar Shipping Says Essar Oilfield Services India Gets Contract From ONGC
Wednesday, 24 Jan 2018 

Jan 24 (Reuters) - Essar Shipping Ltd ::SAYS ESSAR OILFIELD SERVICES INDIA GETS ONE YEAR, CONTRACT FROM ONGC WORTH 320 MILLION RUPEES.  Full Article

Larsen & Toubro Says L&T Hydrocarbon Engineering Gets 14.83 Bln-Rupee Order From ONGC
Friday, 5 Jan 2018 

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 

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​
Monday, 13 Nov 2017 

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​
Monday, 30 Oct 2017 

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

Sudan wants ONGC Videsh to withdraw arbitration over oil payment dues

NEW DELHI Sudan wants India's ONGC Videsh Ltd (OVL) to withdraw arbitration proceedings against the African nation as it is making efforts to mitigate default on payment of dues, OVL said in a statement on Friday.