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ONGC awarded Airworthiness Certification for Premium quality ATF from Condensate
July 28, 2007 
 
ONGC crossed yet another significant milestone when Centre for Military Airworthiness and Certification (CEMILAC), Bangalore, accorded airworthiness approval for Aviation Turbine Fuel (ATF) processed at Hazira Plant of ONGC on July 27, 2007. With this certification, ONGC will be able to sell its ATF for use in Indian Military Aircrafts.
 

Country’s top echelons find ONGC’s safety record highly commendable
July 27, 2007 
 
The performance scorecard of petroleum major Oil and Natural Gas Corporation Ltd. (ONGC) relating to Health, Safety and Environment Management (HSE), has been rated high by the Hon’ble Union Minister of State, Ministry of Environment & Forests, Mr. Namo Narain Meena as well as Director General of TERI Dr. R K Pachauri.
 

ONGC reports improved results for Q1’08, on lesser subsidy burden and lower costs
July 25, 2007 
 
Highlights of Q1 performance of ONGC for 2007-08 (FY08)
 

ONGC signs MoU with GAIL to synergize respective strengths
July 24, 2007 
 
ONGC signed a MoU with GAIL on 24th July 2007, to pool respective resources and synergize strengths in respect of early production, transportation and marketing of Gas discovered in KG and Mahanadi Basins.
 

MRPL Records Impressive Performance in Q1 2007-08; Net up 71 %
July 23, 2007 
 
The Board of MRPL in its meeting held on 23rd July 2007 at New Delhi has approved the Financial Results for the first quarter (April-June) of FY 2007-08
 

Indian Global Compact Society for proactive corporate role in CSR: R S Sharma
July 20, 2007 
 
ONGC CMD Mr. R S Sharma, who is the President of the Indian Global Compact Society, said that the Society will push for proactive role of Indian corporates for adoption and implementation of corporate citizenship practices.
 

Update on Integrated development of G-1 & GS-15 fields in K G Basin
July 19, 2007 
 
1. The G1 field is located 28 km offshore in water depths ranging from 135 to 500 meters, while the GS 15, a shallow-water field is located at 5 km from shore in the Krishna Godavari Off shore Basin. Integrated development of these fields envisages production of 0.982 MMT of Oil & 5.92 BCM of gas over a period of 15 years.
 

ONGC and HPCL to share infrastructure, products and expertise
July 18, 2007 
 
ONGC, through its subsidiary MRPL and Tatipaka refinery, will supply products to HPCL.
 

ONGC advances to 369th position in “Fortune Global 500” ranking No.1 among Indian companies in profits
July 16, 2007 
 
Oil and Natural Gas Corporation Ltd. (ONGC) has moved up 33 notches to 369, up from 402 last year, in the recently published 2007 edition of Fortune Global 500 list.
 

Updated Release on Samudrika-10 Mishap
July 09, 2007 
 
One ONGC-owned Offshore Supply Vessel Samudrika-10 was on standby mode due to bad weather waiting for transfer of cargo to ONGC’s drilling rig Sagar Gaurav, operating in Bassein & Satellite field of ONGC. It started taking water and sank around 12.30 hrs on 9th July, 2007. Samudrika-10 was operating in the sea at about 56 nautical miles from Nhava Supply Base of ONGC at the time of the incident. The sea conditions were reported at the time of incident as 3-4 meters swell, and 30-35 Knots wind speed.
 

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