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Oil and Natural Gas Corporation Ltd (ONGC.NS)

ONGC.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

India Oil Minister Says Parent Company Empowered To Decide On Selling Stake In HPCL
Monday, 14 Oct 2019 

Oct 14 (Reuters) - :INDIA OIL MINISTER SAYS PARENT CO EMPOWERED TO DECIDE ON SELLING STAKE IN HPCL.  Full Article

CMIC Ocean En Tech Holding Co Says Shelf Drilling Gets Contract From Oil And Natural Gas Corp
Friday, 11 Oct 2019 

Oct 11 (Reuters) - Cmic Ocean En Tech Holding Co Ltd <0206.HK>::ON OCT 9, GETS AWARD FOR 3-YEAR CONTRACT FOR TRIDENT II JACK-UP RIG WITH OIL AND NATURAL GAS CORP FOR OPERATIONS IN INDIA.PLANNED START-UP OF OPERATIONS IS Q1 2020.SHELF DRILLING, JOINTLY OWNED BY CO, CHINA MERCHANTS & GREAT WALL OCEAN STRATEGY & TECHNOLOGY FUND GETS CONTRACT.  Full Article

Aban Offshore Says Received Letter Of Award For Deployment Of Jack-Up Rig Aban II From ONGC For Period Of Three Years
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Aban Offshore Ltd ::ABAN OFFSHORE LTD SAYS A LETTER OF AWARD HAS BEEN RECEIVED FOR DEPLOYMENT OF JACK-UP RIG ABAN II FROM ONGC FOR A FIRM PERIOD OF THREE YEARS.  Full Article

Oceaneering Awarded Contracts To Supply Subsea Umbilicals For KG-DWN 98/2 Project
Wednesday, 18 Sep 2019 

Sept 18 (Reuters) - Oceaneering International Inc ::OCEANEERING AWARDED CONTRACTS TO SUPPLY SUBSEA UMBILICALS FOR KG-DWN 98/2 PROJECT.OCEANEERING INTERNATIONAL -CONTRACT AWARD INCLUDES DESIGN, MANUFACTURE OF 44 ELECTRO-HYDRAULIC CONTROL UMBILICALS, TOTALING ABOUT 73 MILES IN LENGTH.OCEANEERING INTERNATIONAL - AWARDED CONTRACTS BY BAKER HUGHES & PARTNER IN THE CONSORTIUM FOR THE ONGC KG‑DWN 98/2 DEEPWATER FIELD DEVELOPMENT.OCEANEERING INTERNATIONAL INC - MANUFACTURE OF UMBILICALS EXPECTED TO COMMENCE IN Q3 OF 2019 AND BE COMPLETE IN Q1 OF 2021.  Full Article

India's ONGC Says Offshore Crude Supply Unaffected By Mumbai Fire
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - Oil and Natural Gas Corporation Ltd ::OFFSHORE CRUDE SUPPLY REMAINS UNAFFECTED BY TUESDAY'S FIRE.  Full Article

India's ONGC Chairman Says Time Is Not Right For Listing Of ONGC Videsh
Friday, 30 Aug 2019 

Aug 30 (Reuters) - Oil and Natural Gas Corporation, Chairman, Shashi Shanker Says::OIL AND NATURAL GAS CORPORATION CHAIRMAN SAYS BY 2024-25, OIL AND GAS PRODUCTION WILL BE 50 MILLION T.INDIA'S ONGC CHAIRMAN SAYS TIME IS NOT RIGHT FOR LISTING OF ONGC VIDESH LTD.CHAIRMAN SAYS ONGC HOPES TO PRODUCE GAS FROM EAST COAST BLOCK BY DEC.CHAIRMAN SAYS VENEZUELA OWES $400 MILLION TO ONGC.EXEC SAYS ONGC PLANS TO RELINQUISH 3 BLOCKS IN COLOMBIA, ONE EACH IN SUDAN, KAZAKHISTAN IN NEAR FUTURE.SAYS ONGC VIDESH TO SURRENDER ONE BLOCK IN NAMIBIA IN FY20 .VENEZUELA OWES $400 MLN TO ONGC.ONGC PLANS TO RELINQUISH 3 BLOCKS IN COLOMBIA, ONE EACH IN SUDAN, KAZAKHISTAN IN NEAR FUTURE.ONGC VIDESH TO SURRENDER ONE BLOCK IN NAMIBIA IN FY20.  Full Article

India's Oil And Natural Gas Corp June-Qtr Profit Falls
Tuesday, 13 Aug 2019 

Aug 13 (Reuters) - Oil and Natural Gas Corporation Ltd ::JUNE QUARTER PROFIT 59.04 BILLION RUPEES VERSUS PROFIT OF 61.44 BILLION RUPEES LAST YEAR.JUNE QUARTER REVENUE FROM OPERATIONS 265.55 BILLION RUPEES VERSUS 272.13 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER PROFIT WAS 59.95 BILLION RUPEES.  Full Article

India's HPCL Says Will Correct Shareholding Pattern, Classification After SEBI Letter
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Hindustan Petroleum Corp Ltd ::HINDUSTAN PETROLEUM CORP SAYS RECEIVED LETTER FROM INDIA'S MARKETS REGULATOR SEBI ON 'ERRONEOUS SHAREHOLDING PATTERNS' FILED WITH EXCHANGES.HINDUSTAN PETROLEUM CORP SAYS IT WILL RECTIFY SHAREHOLDING PATTERN AND CLASSIFICATION OF PROMOTERS, AS PER SEBI DIRECTION.  Full Article

Larsen & Toubro Unit Gets Contracts From ONGC
Thursday, 27 Jun 2019 

June 27 (Reuters) - Larsen & Toubro Ltd ::UNIT AWARDED (LARGE) TWIN CONTRACTS FROM ONGC.  Full Article

Bumi Armada Says JV Co Gets Notification Of Award From ONGC
Monday, 6 May 2019 

May 6 (Reuters) - Bumi Armada Bhd ::JV CO GETS NOTIFICATION OF AWARD FROM ONGC, FOR CHARTER HIRE AND OPERATIONS OF ONE FLOATING PRODUCTION, STORAGE AND OFFLOADING VESSEL.CONTRACT IS FOR A FIXED PERIOD OF NINE YEARS, VALUED AT ABOUT US$2.1 BILLION.CONTRACT IS EXPECTED TO CONTRIBUTE POSITIVELY TO FUTURE EARNINGS.  Full Article

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Exxon Mobil, ONGC sign expertise-sharing deal

NEW DELHI Global energy giant Exxon Mobil Corp will offer its expertise and technology to India's biggest state-owned explorer Oil and Natural Gas Corp Ltd to help develop its resources in offshore blocks, according to two sources directly privy to the development.